Rocky Brands, Inc. has been removed from several prominent Russell indexes, including the Russell 2000 Growth Index. This change was announced as part of the annual rebalancing of the Russell family of indexes.
In addition to the Russell 2000 Growth Index, Rocky Brands was also dropped from the Russell Small Cap Comp Growth Index, Russell 3000 Growth Index, Russell 2500 Growth Index, Russell 3000E Growth Index, and Russell Microcap Growth Index.
These removals are significant for institutional investors, particularly those managing passive funds that track these indexes. Such changes can lead to adjustments in portfolio holdings as funds rebalance to align with the updated index compositions.
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