Business
Cerberus Sentinel Set to Join Russell 2000® Index
SCOTTSDALE, Ariz., June 15, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Cerberus Cyber Sentinel Corporation (NASDAQ: CISO), a cybersecurity consulting and
About this update from Ciso Global, Inc.
[{"type":"text","content":"SCOTTSDALE, Ariz., June 15, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Cerberus Cyber Sentinel Corporation (NASDAQ: CISO), a cybersecurity consulting and managed services firm based in Scottsdale, Ariz., is set to join the broad-market Russell 2000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, according to a preliminary list of additions posted June 3. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 6, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, 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. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes. \"It is a tremendous honor to be included in the Russell 2000,\" said David Jemmett, CEO and founder, Cerberus Sentinel. \"Following our uplisting to the Nasdaq Capital Market on Jan. 14, 2022, this is further validation of the company's strengths to us and our stockholders.\" Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website. About Cerberus SentinelCerberus Sentinel is an industry leader in managed cybersecurity and compliance (MCCP) services with its exclusive MCCP+ managed compliance and cybersecurity services plus culture program. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services, and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. About FTSE RussellFTSE Russell is a global index leader that provides innovative benchmarking, anal...