NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) — Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. SF, announces the upcoming index rebalancing for the fourth quarter of 2024.
This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY).
These changes will be effective prior to the opening of business on Monday, December 23, 2024.
As part of this rebalancing, below are the component-level changes across impacted indices:
KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker: N/A)
| Add (6): | |
| Apollo Global Management, Inc. APO | |
| Ares Management Corp ARES | |
| Blue Owl Capital, Inc. OWL | |
| Interactive Brokers Group, Inc. IBKR | |
| Robinhood Markets, Inc. HOOD | |
| Tradeweb Markets, Inc. TW | |
| Drop (5): | |
| Brookfield Corp BN | |
| Janus Henderson Group PLC JHG | |
| SEI Investments Co. SEIC | |
| State Street Corp STT | |
| Virtu Financial, Inc. VIRT |
KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN)
| Add (7): | |
| Euronet Worldwide, Inc. EEFT | |
| Guidewire Software, Inc. GWRE | |
| Paymentus Holdings, Inc. PAY | |
| Payoneer Global, Inc. PAYO | |
| Q2 Holdings, Inc. QTWO | |
| Remitly Global, Inc. RELY | |
| Upstart Holdings, Inc. UPST | |
| Drop (6): | |
| Equifax, Inc. EFX | |
| Fair Isaac Corp FICO | |
| Moody’s Corp (NYSE : MCO) | |
| SEI Investments Co. SEIC | |
| TransUnion TRU | |
| Virtu Financial, Inc. VIRT |
KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX; ETF Ticker: KBWD)
| Add (15): | |
| AllianceBernstein Holding LP AB | |
| Arbor Realty Trust, Inc. ABR | |
| Capitol Federal Financial, Inc. CFFN | |
| Carlyle Secured Lending, Inc. CGBD | |
| CION Investment Corp CION | |
| Flushing Financial Corp FFIC | |
| Franklin Resources, Inc. BEN | |
| Invesco Mortgage Capital, Inc. IVR | |
| Kearny Financial Corp KRNY | |
| Main Street Capital Corp MAIN | |
| New Mountain Finance Corp NMFC | |
| Oaktree Specialty Lending Corp OCSL | |
| Orchid Island Capital, Inc. ORC | |
| PennantPark Floating Rate Capital Ltd PFLT | |
| PennyMac Mortgage Investment Trust PMT | |
| Drop (14): | |
| Apollo Commercial Real Estate Finance, Inc. ARI | |
| Ares Commercial Real Estate Corp ACRE | |
| Capital Southwest Corp CSWC | |
| Eagle Bancorp, Inc. EGBN | |
| Flagstar Financial, Inc. FLG | |
| Jackson Financial, Inc. JXN | |
| Janus Henderson Group PLC JHG | |
| KeyCorp KEY | |
| KKR Real Estate Finance Trust, Inc. KREF | |
| Lazard, Inc. LAZ | |
| Prospect Capital Corp PSEC | |
| Runway Growth Finance Corp RWAY | |
| TPG RE Finance Trust, Inc. TRTX | |
| TriplePoint Venture Growth BDC Corp TPVG |
KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX; ETF Ticker: KBWY)
| Add (10): | |
| Brandywine Realty Trust BDN | |
| Clipper Realty, Inc. CLPR | |
| Community Healthcare Trust, Inc. CHCT | |
| CTO Realty Growth, Inc. CTO | |
| Kilroy Realty Corp KRC | |
| NexPoint Diversified Real Estate Trust NXDT | |
| Park Hotels & Resorts, Inc. PK | |
| Peakstone Realty Trust PKST | |
| RLJ Lodging Trust RLJ | |
| SITE Centers Corp SITC | |
| Drop (8): | |
| American Assets Trust, Inc. AAT | |
| Kimco Realty Corp KIM | |
| LTC Properties, Inc. LTC | |
| Office Properties, Income Trust OPI | |
| Piedmont Office Realty Trust, Inc. PDM | |
| Service Properties Trust SVC | |
| SL Green Realty Corp SLG | |
| WP Carey, Inc. WPC |
Several of the KBW Nasdaq indexes have tradable exchange‐traded funds licensed: KBW Nasdaq Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM); KBW Nasdaq Capital Markets Index (Index Ticker: KSXSM); KBW Nasdaq Insurance Index (Index Ticker: KIXSM); KBW Nasdaq Regional Banking Index (Index Ticker: KRXSM, ETF Ticker: KBWRSM); KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Nasdaq Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF Ticker: KBWPSM); KBW Nasdaq Global Bank Index (Index Ticker: GBKXSM); KBW Nasdaq Financial Technology Index (Index Ticker: KFTXSM, ETF Ticker: FTEK.LNSM).
Not all of the listed securities may be suitable for retail investors; in addition, not all of the listed securities may be available to U.S. investors. European investors interested in FTEK LN can contact Invesco at https://etf.invesco.com/gb/private/en/product/invesco-kbw-nasdaq-fintech-ucits-etf-acc/trading-information. U.S. investors cannot buy or hold FTEK LN. An investor cannot invest directly in an index.
About KBW
KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S., and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry‐leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.
Media Contact
Neil Shapiro, (212) 271-3447
shapiron@stifel.com
Overview Rating:
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