79.41
0.74%
-0.59
Proshares Ultra Midcap 400 2 X Shares (MVV) Stock Split History
Proshares Ultra Midcap 400 2 X Shares has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 24, 2014 with the ratio of 2-for-1, meaning that for 1 share of MVV owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on May 24, 2018 on a 3-for-1 basis.
These actions have increased MVV stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Proshares Ultra Midcap 400 2 X Shares's total market capitalization.
For more detailed information of Proshares Ultra Midcap 400 2 X Shares's stock splits, view the table below:
These actions have increased MVV stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Proshares Ultra Midcap 400 2 X Shares's total market capitalization.
For more detailed information of Proshares Ultra Midcap 400 2 X Shares's stock splits, view the table below:
MVV stock split list
Date | Split Ratio |
---|---|
2018-05-24 | 3 - for - 1 |
2014-01-24 | 2 - for - 1 |
Will Proshares Ultra Midcap 400 2 X Shares Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Proshares Ultra Midcap 400 2 X Shares has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MVV stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Proshares Ultra Midcap 400 2 X Shares's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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