VanEck Semiconductor ETF (SMH) Stock Split History

VanEck Semiconductor ETF has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 04, 2023 with the ratio of 2-for-1, meaning that for 1 share of SMH owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on May 05, 2023 on a 2-for-1 basis.

These actions have increased SMH 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 change the number of shares and the price per share with no impact on VanEck Semiconductor ETF's total market capitalization.

For more detailed information of VanEck Semiconductor ETF's stock splits, view the table below:

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