Alpha Pro Tech added to Russell Microcap
Alpha Pro Tech (Nogales, Arizona), a maker of disposable protective apparel and building products, said that it has been added to the Russell Microcap Index.
Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.
Al Millar, President of Alpha Pro Tech said, "The addition to the Russell Microcap Index increases the credibility and the visibility of Alpha Pro Tech. We are gratified that our hard work to increase shareholder value and execute on the company's business plan has resulted in our inclusion in this important index."
Home Diagnostics added to Russell indexes
Home Diagnostics (Fort Lauderdale, Florida), a maker of diabetes testing supplies, said that it has been added to the Russell 3000, Russell 2000 and Russell Global Indexes.
"We welcome the addition of Home Diagnostics to the Russell Indexes," said Joe Capper, president/CEO of Home Diagnostics. "We believe we are well positioned as the leading provider of quality, value priced products in the blood glucose monitoring market and are pleased to gain this incremental exposure for our Company in the investment community."
The annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, 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.