Interactive Brokers Group, Inc. experienced several changes in its Russell Index inclusions and exclusions. The company was added to the Russell 3000 Growth Index, Russell Small Cap Comp Growth Index, Russell 1000 Growth Index, Russell 3000E Growth Index, and Russell Top 200 Growth Index.
Concurrently, Interactive Brokers Group was dropped from the Russell Midcap Value Index, Russell 1000 Value-Defensive Index, and Russell 1000 Defensive Index. These rebalances are part of the annual adjustments made by Russell to its family of indices.
These shifts indicate a reclassification of Interactive Brokers by the index provider, moving it towards growth-oriented and away from value or defensive categories. Such changes can influence investment flows from passive funds that track these indices, potentially increasing demand from growth-focused investors.
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