Infusystem Hldgs, Inc. (INFU) to Join Russell 3000 Index
Get Alerts INFU Hot Sheet
Join SI Premium – FREE
InfuSystem Holdings, Inc. (NYSE American: INFU) (“InfuSystem” or the “Company”), a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, announced today the Company is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023.
Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of April 28, ranking them by total market capitalization. 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.
Richard DiIorio, chief executive officer of InfuSystem, said, “We are excited to be included in the Russell 3000® Index, one of the most widely cited performance benchmarks. This is another meaningful milestone for InfuSystem as we continue building on our positive momentum to drive future growth and deliver long-term value creation for our loyal shareholders.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Infusystem Hldgs, Inc. (INFU) Tops Q2 EPS by 4c
- Provident Financial names former FDIC examiner to its boards
- Marriott Vacations Worldwide names new strategy and transformation chief
Create E-mail Alert Related Categories
Corporate News, Index ChangesRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share