Cemtrex Added to Russell Microcap Index
June 26 2017 - 8:45AM
Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world leading
industrial and manufacturing company, today announced that it
has been added to the Russell Microcap® Index as part of the
Russell indexes annual reconstitution. The newly reconstituted
indexes took effect following the market close on June 23,
2017.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $8.4
trillion in assets are benchmarked against Russell's US
indexes. Russell indexes are part of FTSE Russell, a leading global
index provider. Membership in the Russell Microcap Index, which
remains in place for one year, means automatic inclusion in the
appropriate growth and value style indexes. FTSE Russell determines
membership for its Russell indexes primarily by objective,
market-capitalization rankings and style attributes.
Cemtrex’s Chairman and CEO Saagar Govil commented, “We are
excited to be included in the Russell Microcap Index as it is an
important milestone in the continued growth and visibility of the
company. The Russell US Indexes are some of the leading US equity
benchmarks for institutional investors. We believe our inclusion
will continue to help attract new investors and broaden our
shareholder base.”
About Cemtrex
Cemtrex, Inc. (NASDAQ:CETX) is a world leading diversified
industrial and manufacturing company that provides a wide array of
solutions to meet today's technology challenges. Cemtrex provides
manufacturing services of advanced custom engineered electronics,
industrial services, monitoring instruments for industrial
processes and environmental compliance, and systems for controlling
particulates, hazardous gases, emissions of Greenhouse gases, and
other regulated pollutants used in emissions trading globally.
www.cemtrex.com
Safe Harbor Statement
This press release contains forward-looking statements. Actual
results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent
date.
Investor Relations
Cemtrex, Inc.
Phone: 631-756-9116
investors@cemtrex.com
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