Howmet Aerospace Inc. was removed from several key Russell Value Indexes on June 30, 2025. The company was specifically dropped from the Russell 3000E Value Index, Russell 1000 Value Index, Russell 3000 Value Index, and Russell Midcap Value Index.
Index rebalancing events like this can impact a company's stock by altering its eligibility for inclusion in various passive investment funds and ETFs that track these indexes. This may lead to adjustments in institutional holdings.
The reclassification means that funds benchmarked against these specific value indexes will no longer hold Howmet Aerospace shares. This change is a result of the annual reconstitution process by Russell, reflecting shifts in market capitalization and style classifications.
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