AEI - Blackstone Group to join Russell 3000 while WMC CHMI to exit the index
On the conclusion of the 2021 Russell indexes annual reconstitution, the following notable financial and real-estate companies will join the Russell 3000 Index, effective June 28 after market opens.Financial institutions set to join the Russell 3000 Index include: Finance Of America Companies (FOA), Janus Henderson Group (JHG), Maiden Holdings (MHLD), Marathon Digital Holdings (MARA), Metromile (MILE), Ocwen Finl (OCN), Open Lending (LPRO), Riot Blockchain (RIOT), The Blackstone Group (BX), UWM Holdings (UWMC).Real-estate firms joining the Russell 3000 Index include: Ashford Hospitality Trust (AHT), Braemar Hotels & Resorts (BHR), Opendoor Technologies (OPEN), Postal Realty Trust (PSTL) and Radius Global Infrastructure RADI.Meanwhile, financial stocks set to be removed from the Russell 3000 Index include: Cherry Hill Mortgage Investment (CHMI), Ellington Residential Mortgage REIT (EARN), FedNat Holding Company (FNHC), Safeguard Scientifics (SFE), Western Asset Mortgage Capital (WMC) and Westwood Holdings Group (WHG).Real-estate stocks to be removed from the Russell 3000 Index include: Alpine
For further details see:
Blackstone Group to join Russell 3000 while WMC, CHMI to exit the index