KBW Announces Index Rebalancing for Fourth-Quarter 2024

Core Insights - Keefe, Bruyette & Woods, Inc. announces the upcoming index rebalancing for the fourth quarter of 2024, effective prior to the opening of business on December 23, 2024 [1][3] Index Changes - Four indexes will undergo constituent changes: - KBW Nasdaq Capital Markets Index (KSX) - KBW Nasdaq Financial Technology Index (KFTX) - KBW Nasdaq Financial Sector Dividend Yield Index (KDX) - KBW Nasdaq Premium Yield Equity REIT Index (KYX) [2] Component-Level Changes - KBW Nasdaq Capital Markets Index (KSX) - Additions (7): Euronet Worldwide, Guidewire Software, Paymentus Holdings, Payoneer Global, Q2 Holdings, Remitly Global, Upstart Holdings [4] - Deletions (6): Equifax, Fair Isaac Corp, Moody's Corp, SEI Investments, TransUnion, Virtu Financial [4] - KBW Nasdaq Financial Technology Index (KFTX) - Additions (6): Apollo Global Management, Ares Management, Blue Owl Capital, Interactive Brokers, Robinhood Markets, Tradeweb Markets [6] - Deletions (5): Brookfield Corp, Janus Henderson Group, SEI Investments, State Street Corp, Virtu Financial [5] - KBW Nasdaq Financial Sector Dividend Yield Index (KDX) - Additions (15): AllianceBernstein, Arbor Realty Trust, Capitol Federal Financial, Carlyle Secured Lending, CION Investment, Flushing Financial, Franklin Resources, Invesco Mortgage Capital, Kearny Financial, Main Street Capital, New Mountain Finance, Oaktree Specialty Lending, Orchid Island Capital, PennantPark Floating Rate Capital, PennyMac Mortgage Investment Trust [7] - Deletions (14): Apollo Commercial Real Estate Finance, Ares Commercial Real Estate, Capital Southwest, Eagle Bancorp, Flagstar Financial, Jackson Financial, Janus Henderson Group, KeyCorp, KKR Real Estate Finance, Lazard, Prospect Capital, Runway Growth Finance, TPG RE Finance Trust, TriplePoint Venture Growth BDC [7] - KBW Nasdaq Premium Yield Equity REIT Index (KYX) - Additions (10): Brandywine Realty Trust, Clipper Realty, Community Healthcare Trust, CTO Realty Growth, Kilroy Realty, NexPoint Diversified Real Estate Trust, Park Hotels & Resorts, Peakstone Realty Trust, RLJ Lodging Trust [8] - Deletions (8): American Assets Trust, Kimco Realty, LTC Properties, Office Properties, Piedmont Office Realty Trust, Service Properties Trust, SL Green Realty, WP Carey [8] Additional Information - Several KBW Nasdaq indexes have tradable exchange-traded funds licensed, including the KBW Nasdaq Bank Index, KBW Nasdaq Capital Markets Index, KBW Nasdaq Insurance Index, and others [8]