When a company such as SPDR Series Trust - Portfolio S&P 500 ETF 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 SPLG split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPDR Series Trust - Portfolio S&P 500 ETF shares, starting with a $10,000 purchase of SPLG, presented on a split-history-adjusted basis factoring in the complete SPLG split history.

About SPDR Series Trust - Portfolio S&P 500 ETF

SPDR Dow Jones Large Cap is an open-end investment management company. The Fund seeks to closely match the returns and characteristics of the Dow Jones U.S. Large Cap Total Stock Market Index. The Dow Jones U.S. Large-Cap Total Stock Market Index is a float-adjusted market capitalization weighted index that reflects the shares of securities of the large cap portion of the Dow Jones U.S. Total Stock Market Index actually available to investors in the marketplace. As of June 30 2015, the Fund's total assets and investment porfolio totaled $80,965,273 and $79,482,817, respectively. According to our SPLG split history records, SPDR Series Trust - Portfolio S&P 500 ETF has had 1 split.

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