AdTheorent Holding Company, Inc. , a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers, announced that it will join the broad-market Russell 3000 Index and the small-cap Russell 2000® Index at the conclusion of the 2022 Russell indexes’ annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3, 2022.
The annual Russell index reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
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“We are pleased to be included in the Russell 2000 and 3000 Indexes, representing another milestone for AdTheorent since joining the public markets late last year,” said James Lawson, CEO of AdTheorent. “AdTheorent’s inclusion in the Russell indexes will broaden our visibility and help us drive awareness of our mission to lead programmatic digital advertising into a machine learning-powered post-id era.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
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