Tomorrow, June 22nd is a Key DateCBLI Gaining Upward Share Price Momentum, as Investors are Responding
It was previously reported that CBLI will join the Russell Microcap Index when Russell Investment Group reconstitutes its family of U.S. indexes on June 22nd.
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity 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 both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them.
Russell Investment Group aims to improve financial security for people by providing strategic advice, world-class implementation, state-of-the-art performance benchmarks, and a range of institutional-quality investment products.