Index fund

Stem, Inc. Joins Russell 2000® Index

Retrieved on: 
Monday, June 28, 2021

Stem, Inc. (Stem or the Company) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy storage services, today announced it has joined the Russell 2000 Index.

Key Points: 
  • Stem, Inc. (Stem or the Company) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy storage services, today announced it has joined the Russell 2000 Index.
  • The Russell 2000 Index is the most widely quoted measure of the overall performance of the small- to mid-capitalization company shares.
  • Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on Russell indexes and reconstitution, please visit the Russell Reconstitution section on the FTSE Russell website.

Billtrust to be Added to US Small-Cap Russell 2000® Index

Retrieved on: 
Thursday, June 24, 2021

The Russell 2000 Index measures the performance of the small-cap segment of the US equity universe and is a subset of the Russell 3000 Index.

Key Points: 
  • The Russell 2000 Index measures the performance of the small-cap segment of the US equity universe and is a subset of the Russell 3000 Index.
  • "We are honored to be added to the Russell 2000 Index in our first year as a public company," said Flint Lane, Founder and CEO of Billtrust.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell 2000 Index and the Russell US Indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

Aileron Therapeutics to be Added to the Russell Microcap® Index

Retrieved on: 
Thursday, June 24, 2021

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

Key Points: 
  • Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.
  • Our inclusion in the Russell Microcap Index will expand our investor base as we work to transform the experience of cancer patients undergoing chemotherapy.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Wednesday, June 23, 2021

FTA has collective assets under management or supervision of approximately $199 billion as of May 31, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $199 billion as of May 31, 2021 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.
  • Certain Funds have fewer assets than larger, more established funds, and like other relatively new funds, large inflows and outflows may impact such Funds' market exposure for limited periods of time.
  • The First Trust Natural Gas ETF, First Trust Water ETF, First Trust Global Engineering and Construction ETF, First Trust Global Wind Energy ETF, First Trust Cloud Computing ETF and First Trust BICK Index Fund are not sponsored, endorsed, sold or promoted by the International Securities Exchange (ISE).

AerSale Expected to Join Russell 2000® Index

Retrieved on: 
Wednesday, June 23, 2021

AerSale Corporation (Nasdaq: ASLE) (the Company) is set to join the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, 2021.

Key Points: 
  • AerSale Corporation (Nasdaq: ASLE) (the Company) is set to join the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, 2021.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • Russell indexes are part of FTSE Russell, a leading global index provider.
  • FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles.

fuboTV Set to Join Russell 3000® Index

Retrieved on: 
Tuesday, June 22, 2021

Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.

Key Points: 
  • Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • The addition of fuboTV to the Russell 3000 Index is an important milestone for the company as we stay laser-focused on defining a new category of interactive television while delivering significant shareholder value.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website .

First Trust Dynamic Europe Equity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for July

Retrieved on: 
Monday, June 21, 2021

First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on July 15, 2021, to shareholders of record as of July 2, 2021.

Key Points: 
  • First Trust Dynamic Europe Equity Income Fund (the "Fund") (NYSE: FDEU) has declared the Funds regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on July 15, 2021, to shareholders of record as of July 2, 2021.
  • Under the Plan, the Fund intends to continue to pay a monthly distribution in the amount of $0.06 per share.
  • This distribution may consist of net investment income earned by the Fund, net short-term and long-term capital gains and/or tax deferred return of capital.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.

Oramed Pharmaceuticals to Join Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Tuesday, June 22, 2021

Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.

Key Points: 
  • Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell 3000 Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .

Fidelity Launches Five ESG Mutual Funds and ETFs Focused on Environment, Climate Change, Gender Diversity & Sustainability

Retrieved on: 
Wednesday, June 16, 2021

With the addition of these new funds, Fidelity will offer investors and advisors 11 ESG mutual funds and ETFs.

Key Points: 
  • With the addition of these new funds, Fidelity will offer investors and advisors 11 ESG mutual funds and ETFs.
  • The three new actively managed mutual funds are Fidelity Climate Action Fund (FCAEX), Fidelity Environmental Bond Fund (FFEBX), and Fidelity Sustainability U.S. Equity Fund (FSEBX).
  • The two new actively managed ETFs are Fidelity Sustainability U.S. Equity ETF (FSST)1 and Fidelity Womens Leadership ETF (FDWM)1.
  • Additionally, Fidelity offers three sustainable index mutual funds: Fidelity U.S. Sustainability Index Fund ( FENSX ), Fidelity International Sustainability Index Fund ( FNIYX ), and Fidelity Sustainability Bond Index Fund ( FNASX ).

Atossa Therapeutics Set to Be Included in the Russell 2000 and Russell 3000 Indexes

Retrieved on: 
Wednesday, June 16, 2021

Membership in the Russell 2000 and Russell 3000 Indexes, which remains in place for one year each, means automatic inclusion in the appropriate growth and value style indexes.

Key Points: 
  • Membership in the Russell 2000 and Russell 3000 Indexes, which remains in place for one year each, means automatic inclusion in the appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell Indexes primarily by objective, market-capitalization rankings, and style attributes.
  • Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • Russell Indexes are part of FTSE Russell, a leading global index provider.