On June 30, 2025, Xencor, Inc. was dropped from several prominent Russell indices. These included the Russell 2000 Growth-Defensive Index, Russell 3000E Growth Index, Russell 2500 Growth Index, Russell 3000 Growth Index, Russell Small Cap Comp Growth Index, Russell 2000 Growth Index, Russell 2000 Value-Defensive Index, and Russell 2000 Defensive Index.
The removal from these indices can have implications for the company's stock, as many institutional investors and exchange-traded funds (ETFs) track these benchmarks. Funds that replicate these indices may be required to sell their shares in Xencor.
This change in index inclusion can affect Xencor's market visibility and liquidity, potentially leading to reduced institutional ownership and trading volume. The company's status as a component of these indices is determined by specific criteria related to market capitalization and growth characteristics.
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