QUOTE(zamans98 @ Sep 29 2011, 03:05 PM)
Finally ---> AGQ share split, to control the price la, what else...
The split will apply to shareholders of record as of the close of the markets on October 10, 2011, payable after the close of the markets on October 12, 2011. The fund will trade at its post-split price on October 13, 2011. The ticker symbol and CUSIP number for the fund will not change.
The split will decrease the price per share of the fund with a proportionate increase in the number of shares outstanding. For example, for a 2-for-1 split, every pre-split share held by a shareholder will result in the receipt of two post-split shares, which will be priced at half of the net asset value (“NAV”) of a pre-split share.
SOS : http://etfdailynews.com/2011/09/28/proshar...gq-srs-ycs-sdp/
Nice.. just more buying again for 2x ETF again like AGQ.The split will apply to shareholders of record as of the close of the markets on October 10, 2011, payable after the close of the markets on October 12, 2011. The fund will trade at its post-split price on October 13, 2011. The ticker symbol and CUSIP number for the fund will not change.
The split will decrease the price per share of the fund with a proportionate increase in the number of shares outstanding. For example, for a 2-for-1 split, every pre-split share held by a shareholder will result in the receipt of two post-split shares, which will be priced at half of the net asset value (“NAV”) of a pre-split share.
SOS : http://etfdailynews.com/2011/09/28/proshar...gq-srs-ycs-sdp/
Sep 29 2011, 08:52 PM

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