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Apex Trader Funding - News

Global X ETFs Announces Two ETF Reverse Stock Splits

NEW YORK, June 3, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange traded funds (ETFs), today announced a reverse split of the following two funds: Fund Old CUSIP New CUSIP Split Ratio Global X 1-3 Month T-Bill ETF (CLIP) 37960A537 37960A438 1:4 Global X Hydrogen ETF (HYDR) 37954Y152 37960A420 1:5   Effective after market close on June 14th, 2024, the funds listed above will effect a reverse stock split at the above ratios. The reverse stock split will increase the price per share of the Fund with a proportionate decrease in the number of shares outstanding. For example, for the Global X 1-3 Month T-Bill ETF (CLIP), every four pre-split shares will result in receipt of one post-split share, which will be priced four times ...