State Street Global Advisors Announces Share Splits for Four SPDR ETFs
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced share splits on four SPDR ETFs. The splits will decrease the funds’ share prices and increase the number of outstanding shares. The aggregate market value of shares outstanding will not be impacted.
The share splits will apply to shareholders of record as of the market close on January 9, 2023 and are payable after market close on January 11, 2023. Shares will trade at their post-split price effective January 12, 2023. The four SPDR ETFs include:
Ticker |
Fund Name |
Price As of 12/7/22 |
Split |
Estimated Post-Split Price |
HYMB |
SPDR Nuveen Bloomberg High Yield Municipal Bond ETF |
$50.17 |
2:1 |
$25.09 |
SPYX |
SPDR S&P 500 Fossil Fuel Reserves Free ETF |
$95.59 |
3:1 |
$31.86 |
EFAX |
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF |
$69.05 |
2:1 |
$34.53 |
EEMX |
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF |
$58.73 |
2:1 |
$29.37 |
Source: ssga.com as of 12/7/22
About SPDR Exchange Traded Funds
SPDR ETFs are a comprehensive family spanning an array of international and domestic asset classes. The funds provide investors with the flexibility to select investments that are aligned to their investment strategy. For more information, visit www.ssga.com.
About State Street Global Advisors
For four decades, State Street Global Advisors has served the world’s governments, institutions and financial advisors. With a rigorous, risk-aware approach built on research, analysis and market-tested experience, we build from a breadth of index and active strategies to create cost-effective solutions. As stewards, we help portfolio companies see that what is fair for people and sustainable for the planet can deliver long-term performance. And, as pioneers in index, ETF, and ESG investing, we are always inventing new ways to invest. As a result, we have become the world’s fourth-largest asset manager* with US $3.26 trillion† under our care.