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FTSE Russell announces inclusion in index indices

30.09.2022

Focus Universal Inc. FCUV, a provider of patented hardware and software design technologies for smart devices and 5 G, has joined the broad-market Russell 2000 Index.

Membership in the U.S. all-cap Russell 2000 Index, which remains in place for a year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index, as well as appropriate growth and value style indexes. FTSE Russell is a London Stock Exchange Group subsidiary that produces, maintains, licenses and markets stock market indices. Russell determines membership for its indexes based on objective, market-capitalization rankings and style attributes.

Focus Universal was a milestone for Focus Universal after listing on Nasdaq earlier in August last year and relisting to the Nasdaq Global MarketsNasdaq Global Markets this year, according to CEO Desheng Wang. As we progress our company vision of five disruptive IoT Internet of Things technology platforms to solve the major problems facing hardware design and production, software design and network communication, these moves will increase our exposure to a wider investment community. According to Ontario, California-based Focus Universal, the company s developed technologies could reduce costs, product development timelines for IOT products and save energy while increasing range, speed, efficiency and security for telecommunications, including 5 G. Russell indexes, which are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Nearly $12 trillion in assets is benchmarked against Russell's U.S. indexes, which are part of FTSE Russell.

For more information on the Russell 2000 Index and the Russell indexes reconstitution, visit the Russell Reconstitution section of the FTSE Russell website.

The following post was published and written by Benzinga as a collaboration between Benzinga's in-house sponsored content team and Skyline Corporate Communications Group, LLC, a financial partner of Benzinga. This article is a paid sponsorship by investor relations agency Skyline Corporate Communications Group, LLC, which is paid by Focus Universal FCUV for providing investor relations and corporate communications services related to the Company's securities. The sponsored content team works to make sure that all information contained in the piece is true and accurate, as is the best of their knowledge and research, despite the fact that Skyline's 17 b Disclaimer and Disclosure Statement is not and should not be construed as editorial content. The content is intended for informational purposes and is not intended to be investing advice.

This post contains sponsored advertising content. This content is intended for informational purposes and is not intended to be investing advice.

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