Avnet, Inc. was added to the Russell 1000 Value-Defensive Index and the Russell 1000 Defensive Index, effective June 30, 2025. This inclusion is part of the routine rebalancing of major market indices.
Inclusion in these prominent indices can enhance Avnet's visibility within the investment community. It also positions the company to potentially benefit from increased demand from passive investment funds that track these indices.
The addition to these indices reflects Avnet's characteristics as a value-oriented and defensive stock, which can be attractive to a broader range of institutional investors. This development can contribute to improved liquidity and investor interest in the company's shares.
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