The Russell indexes will go through an annual reconstitution tomorrow, June 26 which could add volatility to an otherwise normally quiet Friday summer session.
For a schedule of the annual reconstitution process go to the Russell indexes page (here).
The annual reconstitution is a process wherein the Russell indexes are completely rebuilt to ensure that all market segments are accurately represented. This rebuilding affects the Russell Global, Russell 3000, Russell 1000, Russell 2000, Russell Midcap, and Russell Microcap indexes.
There are 430 changes in the Russell 3000 with 276 additions and 154 deletions. Sectors most affected is the healthcare with a net addition of 52 stocks and energy with a net decrease of 14 stocks. The financial sector leads both the list of additions (69) and deletions (-39).
Here is the link to view the stocks affected by the changes:
I include this information for those who trade these stocks and/or the indexes.
