SuperMicro Computer and MicroStrategy are among 38 new members joining Russell 1000.

From Investing.com: 2024-05-25 09:10:45

The Russell 1000 Index is welcoming 38 new members, including Super Micro Computer and MicroStrategy, reflecting a shift of 28 companies from the small-cap spectrum. The Technology sector sees a significant boost with seven new entrants, while Consumer Discretionary and Energy sectors each have five companies joining.

In addition, three recent IPOs are directly included in the Russell 1000 Index, with 11 IPOs entering the Russell 2000 Index. 30 companies are transitioning to the Russell 2000 Index, while 116 are graduating from the Russell Microcap Index.

Health Care leads the migration with 41 companies moving, followed by Financials, Technology, and Industrials with significant representation in the indexes.



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