Invesco S&P MidCap 400 Pure Growth ETF (RFG) Stock Split History

Invesco S&P MidCap 400 Pure Growth ETF has split its stock once since its initial public offering (IPO). The stock split of Invesco S&P MidCap 400 Pure Growth ETF occurred on July 17, 2023 on a 5-for-1 basis, meaning that for 1 share of RFG owned pre-split, shareholders then owned 5 shares.

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 Invesco S&P MidCap 400 Pure Growth ETF's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Invesco S&P MidCap 400 Pure Growth 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 RFG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Invesco S&P MidCap 400 Pure Growth ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.