SMH crossed $400, which got me wondering if a split might be coming at some point.
The last split was in May 2023 when it was trading around $250. Since then it’s had a huge run, and $400+ starts to feel like a psychological level where issuers sometimes consider another split to keep it accessible.
Obviously no one knows for sure, but curious if anyone has seen any signals, precedent, or has thoughts on how VanEck typically handles this.
Interested to hear what others think.