Trades up as it moves on to the Russell 3000 Index
Many expect Ideanomics (Nasdaq- IDEX) now positioned on the Russell 3000 will open a wider inflow of investments from various worldwide funds to hold long positions.
Membership in the Russell 3000 ® Index, which remains in place for one year, 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. Approximately $10.6 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
Many expect Ideanomics (Nasdaq- IDEX) now positioned on the Russell 3000 will open a wider inflow of investments from various worldwide funds to hold long positions.
Membership in the Russell 3000 ® Index, which remains in place for one year, 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. Approximately $10.6 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
