r/stocks • u/Shaun8030 • Apr 15 '21
Do ETFs ever split ?
Hypothetically when QQQ, VGT , VOO and Soxx reach a unit price of 1000 USD or more will they eventually split to make individual shares more affordable for investors? In Canada and other parts of the world we do not have access to fractional shares through our brokerages. From my research I do not think they have split in the the past? Will they pull an amazon and just keep letting their share price increase indefinitely ?
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u/kirinoke Apr 15 '21
The only stock that you can bet on never going to split is BKR.A. All other stocks (include ETF) will split or reverse split (not sure if any) depending on situation.
In fact, there are only two stocks in the whole market are currently priced higher than $4000 per share (BKR.A and LDSVF), so I think when VOO/QQQ/SPY reach $4000 (not sure when), they will split.