Tootsie Roll Industries, Inc. (NYSE:TR) was officially added to several prominent Russell indices, including the Russell 2000, Russell 3000, Russell 2000 Growth, Russell 2000 Defensive, and Russell 3000 Growth indices. These inclusions were announced on June 30, 2025, across various Russell index categories.
Inclusion in these widely tracked indices is a significant development for the company. It typically leads to increased demand for the stock from passive investment funds and exchange-traded funds (ETFs) that aim to replicate the performance of these benchmarks. This can enhance the company's visibility within the institutional investment community.
The additions to indices such as the Russell 2000 Growth-Defensive and Russell Small Cap Completeness Index further highlight the company's specific characteristics that align with these index methodologies. This broad inclusion across multiple Russell indices underscores the company's market presence and its appeal to a diverse range of investment strategies.
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