Significant increase in US ETF splits in Q4 2024, including traditional and reverse splits.
From Investing.com: 2025-01-15 11:19:00
In the last quarter of 2024, there was a significant increase in US ETF splits, with a total of 55 fund splits, including both traditional and reverse splits. Schwab led the way with 20 splits, while ProShares also announced traditional splits for health care, semiconductors, and products. The majority of splits were on leveraged and inverse ETFs, highlighting the risks associated with these types of products. Additionally, two single-stock ETFs for Super Micro Computer and MicroStrategy were also subject to splits, reflecting the growing interest in single-stock ETFs and high volatility in AI and crypto-related equities.
Read more at Investing.com: A US ETF Split Surge in Q4 2024: Digging Data and What It Means for Investors
