Parnassus Core Select Etf (PRCS) Stock Split History

Parnassus Core Select Etf has split its stock once since its initial public offering (IPO). The stock split of Parnassus Core Select Etf occurred on November 02, 2005 on a 1-for-5 basis, meaning that for 5 shares of PRCS 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 Parnassus Core Select Etf's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Parnassus Core Select 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 PRCS stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Parnassus Core Select Etf's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.