Split History
ARGT split history picture
Global X Funds - Global X MSCI Argentina ETF (ARGT) has 1 split in our ARGT split history database. The split for ARGT took place on May 16, 2013. This was a 1 for 2 reverse split, meaning for each 2 shares of ARGT owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 500 share position following the split.

When a company such as Global X Funds - Global X MSCI Argentina ETF conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the ARGT split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Global X Funds - Global X MSCI Argentina ETF shares, starting with a $10,000 purchase of ARGT, presented on a split-history-adjusted basis factoring in the complete ARGT split history. ARGT split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 04/22/2014
End date: 04/19/2024
Start price/share: $19.70
End price/share: $53.47
Starting shares: 507.61
Ending shares: 562.69
Dividends reinvested/share: $3.17
Total return: 200.87%
Average Annual Total Return: 11.64%
Starting investment: $10,000.00
Ending investment: $30,074.49
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/22/2014
End date: 04/19/2024
Start price/share: $19.70
End price/share: $53.47
Dividends collected/share: $3.17
Total return: 187.52%
Average Annual Total Return: 11.14%
Starting investment: $10,000.00
Ending investment: $28,754.37
Years: 10.00
Global X MSCI Argentina ETF, formerly the Global X FTSE Argentina 20 is an open-end management investment company. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Argentina 25/50 Index (the Index). The Fund generally seeks to replicate the Index but may at times invest in a representative sample of securities that collectively has an investment profile similar to the Index and as a result may or may not hold all the securities that are included in the Index. As of Oct 31 2014, the Fund had total assets of $21,409,713 and its total investments were $20,643,180. According to our ARGT split history records, Global X Funds - Global X MSCI Argentina ETF has had 1 split.
Date Ratio
05/16/20131 for 2
ARGT is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:

ARK Split History
ARL Split History
ARMF Split History
AROW Split History
ARR Split History
ASA Split History
ASBC Split History
ASBI Split History
ASF Split History
ASFI Split History

Also explore: ARGT shares outstanding history

Email EnvelopeFree ARGT Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Smart for Life, Inc. (SMFL)
Windtree Therapeutics, Inc. (WINT)
Golden Sun Health Technology Group Limited (GSUN)
Zapp Electric Vehicles Group Limited (ZAPP)
Beneficient (BENF)
MySize, Inc. (MYSZ)
Gorilla Technology Group Inc. (GRRR)
Sunshine Biopharma, Inc. (SBFM)
NFT Ltd. (MI)
WiSA Technologies, Inc. (WISA)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

ARGT Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.