When a company such as KRU splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the KRU split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into KRU shares, starting with a $10,000 purchase of KRU, presented on a split-history-adjusted basis factoring in the complete KRU split history.
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About KRU

ProShares Ultra KBW Regional Banking ETF (the "Fund") is an open-end management investment company. The Fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the KBW Regional Banking Indexsm. The KBW Regional Banking Index is an equal-weighted index that seeks to provide diverse regional banking exposure. The index includes stocks of 50 publicly traded companies that do business as regional banks or thrifts. As of May 31 2013, the Fund's total assets were $2,945,528 and the Fund's investment portfolio was valued at $2,446,362. According to our KRU split history records, KRU has had 1 split.

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