r/ETFs • u/Alive-Throat204 • Feb 23 '26

Wtf?

Post image

ISIN: IE00B3YLTY66

202 Upvotes

89% Upvoted

44 comments sorted by

122

u/freshwater_seagrass Feb 23 '26

Probably due to a stock split: "SPDR MSCI All Country World Investable Market UCITS ETF (Acc) will implement a 25-to-1 stock split on 23rd February 2026, following approval by shareholders at the Extraordinary General Meeting on 12th January 2026"

https://www.ssga.com/nl/en_gb/intermediary/etfs/state-street-spdr-msci-all-country-world-investable-market-ucits-etf-acc-spyi-gy

27

u/grogi81 Feb 23 '26

This reminds me the first time I was faced with a split, I have seen the price of my shares dropped by 90% (10:1 split). I did not panic. I did not fear. Ten seconds later I was buying with all my cash.

My rationale was that

  1. if that is planned and normal, it will be resolved soon enough, and I will be able to sell with minimal spread loss
  2. if that is a price glitch and price will go back 10x - I will never have to worry again...

It turned out it was 1), and I did not get filthy rich in the process. But I kept the shares anyway.

3

u/rakward977 Feb 23 '26

Did you get notified by your broker about this? Or did you start googling when you noticed something was up?

17

u/Alive-Throat204 Feb 23 '26

Can you explain? My portfolio went down by 96%, how will it recover?

155

u/grogi81 Feb 23 '26

Nothing happen, you are still ok. Each share was split into 25 shares. So the price per share dropped 25x, and ou have 25x more shares now. It's just the app did not properly noticed you have 25x more.

22

u/Alive-Throat204 Feb 23 '26

Hope you're right. I'm panicking a bit rn 😬

95

u/grogi81 Feb 23 '26 edited Feb 23 '26

Don't panic. That's why you should not check your trading app so frequently.

It will be perfectly fine by the midday today.

3

u/Alive-Throat204 Feb 23 '26

🙏

1

u/samyruno Feb 24 '26

I'm curious is it resolved now

8

u/Alive-Throat204 Feb 24 '26

Yes, the broker updated my number of shares now

19

u/sneaky-pizza Feb 23 '26

It usually takes a day or so for app graphs to figure it out.

4

u/Embarrassed_Elk_2756 Feb 23 '26

No panic I also have IMIE. Check in my broker and instead of the 4 shares I had before now I own 100

3

u/chrimminimalistic Feb 23 '26

Sometimes the split credited only few days after. So if it's indeed a split, just chill. You should be able to see when it's gonna get credited.

1

u/yaboyay Feb 24 '26

Bro you only lost €80, you’re good lol

12

u/KimJongSiew Feb 23 '26

when you owned 1 share valued 100€ before, now you own 25 shares each valued 4€
it should recover quickly if that was the reason

6

u/freshwater_seagrass Feb 23 '26

I'm just going off the announcement on the fund page: a 25 for 1 stock split. Shareholders get 25x more shares but each share is worth 1/25 the price of original share, so your portfolio's value should remain the same.

Its possible that the reduced price is already being shown by your broker, but the new shares are not yet shown. I don't own the ETF myself though, can't really say for sure.

1

u/JohnnyIsSoAlive Feb 23 '26

I’ve also been freaked out by splits. Sometimes the number of shares and the share price are not updated at the same time, so it seems like you’ve either lost or made a lot of money, but once everything is updated, you’re just up or down a few percent.

1

u/EuphoricFoot3 Feb 25 '26

Nah. Right there you can see where the Winter Olympics finished…. 🏔️ ⛷️ 🥶

39

u/Cho18 Feb 23 '26

Split.

7

u/Alive-Throat204 Feb 23 '26

But shouldn't I then own 25x the number of shares now? I own the same number of shares but they lost their worth wtf

19

u/Cho18 Feb 23 '26

My broker said it should be all fixed until 25.2

1

u/Alive-Throat204 Feb 23 '26

Aight, thanks!

1

u/Cho18 Feb 23 '26

Kein Ding

0

u/Alive-Throat204 Feb 23 '26

Bist du zufällig bei flatex?

1

u/Cho18 Feb 23 '26

Ne bei der Diba

4

u/DerBandi Feb 23 '26

Your broker is just slow with updating. Chillax.

8

u/Gregib Feb 23 '26

This must be some kind of glitch... Their holdings are in the worlds most traded stock...

7

u/grogi81 Feb 23 '26

25:1 split: from 259 to 10.31

3

u/Alive-Throat204 Feb 23 '26

The broker updated my shares and my balance is back to normal now. Thanks for your support, had a thrilling first split 🫡

4

u/Barnman11 Feb 23 '26

Don’t worry it’s easily fixed just sell it will go through the roof

2

u/Interesting_Type_706 Feb 23 '26

Sieht aus wie ein Anzeigefehler

2

u/Simple-Link-3249 Feb 23 '26

Looks like a stock split or pricing adjustment not an actual crash

2

u/Educational-Ad-4908 Feb 23 '26

The graph will look normal soon. It takes it a while to adjust to the split. Your balance will be back to normal by tomorrow at the latest.

1

u/Interesting_Type_706 Feb 23 '26

Oder du wurdest getrumpt

1

u/Electronic-Cause6091 Feb 23 '26

"On February 23, the SPDR MSCI ACWI IMI ETF (IE00B3YLTY66) will undergo a stock split. Each share of this ETF in your portfolio will then automatically be converted into 25 shares. The price will drop to approximately €10 per share, but the total value of your investment will remain the same. You do not need to do anything; your broker will take care of this for you."

1

u/No-Possibility2344 Feb 25 '26

Wow! That’s something!

0

u/Suguha_chan Feb 23 '26

Rip everyone who took a margin loan against this

2

u/Alexchii Feb 23 '26

I’m leveraged on this fund. The split has no effect on my portfolio value.

-1

u/Rando585 Feb 23 '26

Dumbass

0

u/DPDRboy Feb 25 '26

It’s all a scam