The price of Nasdaq index funds has soared in the past few years, and the price of some funds has exceeded $500 per share, which is obviously too expensive for some investors who want to trade. Breaking up Nasdaq ETF will make this investment more reliable and acceptable. For institutional investors and retail investors, splitting Nasdaq ETF is a prudent and safe long-term investment.
Splitting Nasdaq ETF can make more investors buy it, thus increasing the increase. This approach can attract both retail investors and institutional investment. Lower unit prices will reduce investors' fear of excessive prices, thus increasing their chances of making profits. For those investors who bet on NASDAQ index funds for a long time, buying more units can spread risks and increase the income of long-term investment. Split has no effect on the actual increase of stock price, but it can make trading more convenient and increase trading volume.