Fractional shares are a part of a share – not the whole. A fractional share is a portion of stock in an individual company that has been divided up into many shares, typically to make investing more affordable and accessible for those who do not have large sums of money available upfront or are just beginning their careers.
Many investing brokerages allow you to place stock and ETF trades for fractional shares, reducing the dollar amount you need to commit upfront when buying stocks by the slice. These stock brokers have enabled a new generation of investors to buy into the stock market without credence to share prices thanks to fractional trading capabilities.
Acorns is a micro investing app for minors and young adults who wish to start with a small amount of money in their investments. You can choose to invest your spare change through a linked debit card and make regular deposits to contribute to your investment portfolio.