Acme United Corporation was added to several prominent Russell indices as part of the annual rebalancing. The company is now included in the Russell 3000 Index, the Russell 2000 Index, and the Russell 2500 Index. These inclusions broaden the company's exposure to a wider range of institutional investors.
Further reflecting a reclassification of its market profile, Acme United was also added to the Russell 3000 Value Index, Russell 2000 Value-Defensive Index, Russell 2500 Value Index, and Russell 2000 Defensive Index. Concurrently, the company was dropped from the Russell Microcap Growth Index and Russell 3000E Growth Index.
These changes signify a shift in how the market categorizes Acme United, emphasizing its value and defensive characteristics within the small-cap and broader market segments. Inclusion in these indices can lead to increased demand for the company's stock from index-tracking funds and greater overall market visibility.
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