PROG Holdings, Inc. (NYSE:PRG) was removed from several prominent Russell indices at the end of June 2025. This includes its removal from the Russell 2000 Growth Index on June 29, 2025.
On June 30, 2025, the company was further dropped from the Russell 2500 Growth Index, the Russell 3000E Growth Index, and the Russell Small Cap Comp Growth Index. Additionally, PROG Holdings was removed from the Russell 3000 Growth Index and the Russell 2000 Growth-Defensive Index on the same date.
These removals from multiple growth and small-cap indices can lead to adjustments in institutional portfolios that track these benchmarks. Such changes typically result in passive funds selling their holdings, which can affect the company's trading volume and investor base.
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