Hi Everyone,
I own alot ofｉシェアーズ Ｓ＆Ｐ ５００ 米国株 ＥＴＦ 1655, when I look at the chart on SBI Securities page it seems that its max price in the last year was 400yen.
However, when I check the same fund on my iphone stocks app or look it up on yahoo finance its seems that it maxed out at 3,980 yen last year. It is currently trading at 363 yen.
Obviously this will have a huge effect on my choice to buy more of this ETF or not.
I rang SBI and they assured me their chart was the correct one and not to pay attention to any other chart. Fair enough.
Anyone any idea on why there is such a big difference depending on the chart.
TIA,
Chart reading on SBI Account.
Re: Chart reading on SBI Account.
Don't take this as gospel, but looking at the graph and history on Yahoo Finance
https://finance.yahoo.com/quote/1655.T? ... c=fin-srch
https://finance.yahoo.com/quote/1655.T/history?p=1655.T
it appears that the Units of the ETF were split 10 for 1, so that the price was divided by 10, the Volume of shares traded multiplied by 10, on 8 Feb 2022.
Feb 08, 2022 370.50 371.50 370.50 371.00 371.00 2,051,920
Feb 07, 2022 3,740.00 3,740.00 3,715.00 3,740.00 3,740.00 244,492
Therefore, for the history of your account, with the higher adjusted number of Units, your adjusted Unit Price and the adjusted Historical High would be the old price divided by 10, so 400 instead of 4,000.
Please double check.
To be clear, a Split will not materially change the value of your Portfolio or the value of Units bought, just the total number of Units.
https://finance.yahoo.com/quote/1655.T? ... c=fin-srch
https://finance.yahoo.com/quote/1655.T/history?p=1655.T
it appears that the Units of the ETF were split 10 for 1, so that the price was divided by 10, the Volume of shares traded multiplied by 10, on 8 Feb 2022.
Feb 08, 2022 370.50 371.50 370.50 371.00 371.00 2,051,920
Feb 07, 2022 3,740.00 3,740.00 3,715.00 3,740.00 3,740.00 244,492
Therefore, for the history of your account, with the higher adjusted number of Units, your adjusted Unit Price and the adjusted Historical High would be the old price divided by 10, so 400 instead of 4,000.
Please double check.
To be clear, a Split will not materially change the value of your Portfolio or the value of Units bought, just the total number of Units.
Last edited by Tkydon on Fri Mar 04, 2022 7:10 am, edited 1 time in total.
:
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
Re: Chart reading on SBI Account.
If an ETF wishes to have a low share price they can do a stock split. https://en.wikipedia.org/wiki/Stock_split
Here is the exact explanation of the 1655ETF stock split. https://www.nikkei.com/nkd/disclosure/t ... 111566027/
Here is the exact explanation of the 1655ETF stock split. https://www.nikkei.com/nkd/disclosure/t ... 111566027/