|Free Dividend Report|
|EWJ Dividend History|
|EWJ Stock Split History|
|Preferred Stock Newsletter|
|EWJ Options Chain|
|EWJ Message Board|
iShares Inc - MSCI Japan ETF (EWJ) has 1 split in our EWJ split history database. The split for EWJ took place on November 07, 2016. This was a 1 for 4 reverse split, meaning for each 4 shares of EWJ owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 250 share position following the split.
When a company such as iShares Inc - MSCI Japan 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 EWJ split history from start to finish, an original position size of 1000 shares would have turned into 250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into iShares Inc - MSCI Japan ETF shares, starting with a $10,000 purchase of EWJ, presented on a split-history-adjusted basis factoring in the complete EWJ split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||5.62%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||5.47%|
|About iShares Inc - MSCI Japan ETF|
|The iShares MSCI Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Japanese equities, as represented by the MSCI Japan Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index. As of Aug 31 2015, the Fund's total assets were $19,344,141,352 and the Fund's investment portfolio was valued at $19,180,940,529. According to our EWJ split history records, iShares Inc - MSCI Japan ETF has had 1 split.|
|EWJ Split History Table|
|11/07/2016||1 for 4|
|Financials Stock Splits|
|EWJ is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: EWJ shares outstanding history