price up icon0.98%   +0.05
after-market  After Hours:  5.10  -0.06   -1.16%

Global X Cannabis ETF (POTX) Stock Split History

Global X Cannabis ETF has split its stock once since its initial public offering (IPO). The stock split of Global X Cannabis ETF occurred on June 13, 2022 on a 1-for-6 basis, meaning that for 6 shares of POTX owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Global X Cannabis ETF's total market capitalization.

POTX stock split list

Date Split Ratio
2022-06-13 1 - for - 6

Will Global X Cannabis ETF Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Global X Cannabis ETF has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when POTX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Global X Cannabis ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
VTI 2008-06-18 2 - for - 1
QQQ 2000-03-20 2 - for - 1
IJH 2024-02-22 5 - for - 1
VWO 2008-06-18 2 - for - 1
IJR 2017-01-19 2 - for - 1
IAU 2021-05-24 1 - for - 2
exchange_traded_fund VTV
price up icon 0.12%
exchange_traded_fund VUG
price up icon 0.74%
exchange_traded_fund IJH
price up icon 0.73%
exchange_traded_fund EFA
price up icon 0.26%
exchange_traded_fund IWF
price up icon 0.53%
exchange_traded_fund QQQ
price up icon 0.86%
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