Hiroshi Watanabe
Global index provider, FTSE Russell recently posted its preliminary lists of companies set to enter or leave the Russell Microcap Index, marking the start of its 37th annual Russell US Indexes Reconstitution, before moving to a semi-annual reconstitution schedule beginning in 2026.
These are the technology companies slated to join the index: VirnetX Holding Corp (NYSE:VHC), KULR Technology Group (NYSE:KULR), BTCS Inc (NASDAQ:BTCS), Angi (NASDAQ:ANGI), Quantum Corp (NASDAQ:QMCO), Eventbrite (NYSE:EB), Widepoint (NYSE:WYY), Buzzfeed (NASDAQ:BZFD), among others.
The technology companies leaving the index include: Rigetti Computing (NASDAQ:RGTI), Soundhound AI (NASDAQ:SOUN), Dwave Quantum (NYSE:QBTS), Hut 8 Corp (NASDAQ:HUT), Core Scientific (NASDAQ:CORZ), Pixelworks (NASDAQ:PXLW), Gryphon Digital (NASDAQ:GRYP), Comscore (NASDAQ:SCOR), among others.
This year’s reconstitution changes will take place after US equity markets close on Friday, June 27.
The Russell US index family is recalibrated in June to accurately reflect the current state of the US equity market. During this market event, the breakpoints between large, mid, small, and micro-cap are redefined to ensure market changes over the last year are captured.
With approximately $10.6 trillion in investor assets benchmarked to or invested in products based on the Russell US Indexes, the Russell Reconstitution concludes with traditionally one of the highest trading volume days of the year on major US equity exchanges.
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