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GLOW VictoryShares WestEnd Global Equity ETF

26.82
-0.0343 (-0.13%)
Last Updated: 15:57:46
Delayed by 15 minutes
Name Symbol Market Type
VictoryShares WestEnd Global Equity ETF NASDAQ:GLOW NASDAQ Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0343 -0.13% 26.82 26.81 26.84 26.82 26.82 26.82 19 15:57:46

GlowPoint Set to Join the New Russell Microcap Index

21/06/2005 2:00pm

Business Wire


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Glowpoint, Inc., (NASDAQ: GLOW), the world's leading broadcast quality IP-based video communications service provider, has been selected to join the new Russell Microcap(TM) Index when Russell Investment Group reconstitutes its family of U.S. indexes on June 24, 2005. Russell recently posted a preliminary membership list at www.russell.com/US/Indexes. The Russell Microcap Index, which will be comprised of the smallest 1,000 securities in the small-cap Russell 2000(R) Index plus the next 1,000 companies, is based on a ranking of all U.S. equities by market capitalization. This new index offers managers and other investors a comprehensive, unbiased barometer to compare their performance against the genuine microcap marketplace of stocks "Coverage on the Russell Microcap Index is recognition of our results to strengthen and grow our company," said David Trachtenberg, president and CEO of GlowPoint. "Our mission is to make IP-video an integral communications tool, providing anytime, anywhere solutions to our customers and increased shareholder value to our investors. Our high profile partnerships, industry leading services, intellectual property and improved operational metrics are all working towards these goals." Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index. Companies slated for the Russell Microcap were ranked as of May 31 by total market capitalization and weighted based on free-float adjustment, an integral aspect of Russell index methodology. Free-float adjustment means stocks are weighted by their available market capitalization which is calculated by multiplying the primary closing price by the available shares. About GlowPoint Glowpoint, Inc. (NASDAQ: GLOW) is the world's leading broadcast quality, IP-based video communications service provider. GlowPoint operates a video communications service featuring broadcast quality images with telephone-like reliability, features and ease-of-use and is a member of the Cisco Powered Network Program and COVAD Partner Program. The GlowPoint network spans three continents and carries on average over 20,000 video calls per month worldwide. Since the network was introduced in 2000, GlowPoint has carried over 23 million IP video minutes. GlowPoint is headquartered in Hillside, New Jersey. To learn more about GlowPoint, visit us at www.glowpoint.com. About Russell Russell, a global leader in multi-manager investment services, provides investment products and services in more than 39 countries. Russell manages more than $135 billion in assets and advises clients worldwide representing $2.3 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Wash., with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo.

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