IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier supplier of influencer advertising expertise, knowledge, and companies for the world’s main manufacturers, introduced in the present day that it’s set to join the Russell Microcap Index® on the conclusion of the 2021 Russell indexes annual reconstitution, efficient after the US market opens on June 28, in accordance to a preliminary listing of additives posted June 4.
Membership within the Russell Microcap® Index, which stays in place for one 12 months, means computerized inclusion within the applicable development and worth type indexes. FTSE Russell determines membership for its Russell indexes primarily by goal, market-capitalization rankings and magnificence attributes.
“The addition of IZEA to the Russell Microcap is a significant milestone for our firm and a mirrored image of the unbelievable optimistic momentum we’ve seen over the previous 12 months,” commented Ted Murphy, Founder and CEO of IZEA. “We are proud to be included within the index and welcome the improved visibility as we proceed to execute towards our development technique.”
Russell indexes are broadly utilized by funding managers and institutional traders for index funds and as benchmarks for lively funding methods. Approximately $10.6 trillion in belongings are benchmarked towards Russell’s US indexes. Russell indexes are a part of FTSE Russell, a number one world index supplier.
For extra info on the Russell Microcap® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” part on the FTSE Russell web site.
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