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Health In Tech Added to Membership of Russell Microcap® Index
Health In Tech, Inc. (Nasdaq: HIT) ("Health In Tech" or the "Company") was added as a member of the Russell Microcap® Index, effective when the U.S. market opens on June 29, 2026, as part of the 2026 Russell U.S. indexes reconstitution.
About this update from Health In Tech, Inc.
STUART, Fla., June 29, 2026 /PRNewswire/ -- Health In Tech, Inc. (Nasdaq: HIT) ("Health In Tech" or the "Company") was added as a member of the Russell Microcap® Index, effective when the U.S. market opens on June 29, 2026, as part of the 2026 Russell U.S. indexes reconstitution. The June Russell U.S. Indexes reconstitution captures up to the 4,000 largest U.S. stocks as of Wednesday, April 30, 2026, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for half a year beginning in 2026, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell, the global index provider and a London Stock Exchange Group (LSEG), determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. "Inclusion in the Russell Microcap® Index is a meaningful recognition of the progress we've made building Health In Tech's AI-enabled platform and growing our presence in the InsurTech market," said Tim Johnson, Chief Executive Officer of Health In Tech. "We believe this milestone will broaden our visibility among institutional investors as we continue to scale our distribution and execute on our growth strategy." Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell U.S. indexes, which belong to FTSE Russell. Fiona Bassett, CEO of FTSE Russell, comments: "The Russell indexes have continuously adapted to the evolving dynamic U.S. economy, and it's crucial to fully recalibrate the suite of Russell U.S. Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency this year will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark." For more information on the Russell Microcap® Index and the Russell U.S. indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. About Health In Tech: Health In Tech, Inc. (Nasdaq: "HIT") is an AI-enabled InsurTech platform company, which offers a marketplace that improves processes in the health insurance industry through vertical ...
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