Mtron announced its inclusion as a member of the broad-market Russell 3000® Index, effective after the U.S. market close on June 27, 2025. This addition is a meaningful milestone that reflects the company's progress since its IPO in October 2022. Membership in the Russell 3000® Index ensures automatic inclusion in either the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as appropriate growth and value style indexes.
CEO Cameron Pforr stated that this recognition alongside other leading U.S. companies is a testament to the dedication of the Mtron team and the confidence investors have placed in the company. He highlighted Mtron's consistent growth and expanded market presence in less than three years as a public company. The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
FTSE Russell determines membership for its indexes primarily by objective, market-capitalization rankings and style attributes, based on data as of April 30. This inclusion is expected to increase Mtron's visibility within the investment community and potentially enhance liquidity for its stock, as approximately $10.6 trillion in assets are benchmarked against the Russell US indexes.
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