KBW Announces Index Rebalancing for First-Quarter 2025

Core Insights - Keefe, Bruyette & Woods, Inc. announces index rebalancing for Q1 2025, specifically affecting the KBW Nasdaq Premium Yield Equity REIT Index [1][2] Index Changes - The rebalancing will take effect before the market opens on March 24, 2025 [2] - Two companies will be dropped from the KBW Nasdaq Premium Yield Equity REIT Index: Clipper Realty, Inc. (NYSE:CLPR) and NexPoint Diversified Real Estate Trust (NYSE:NXDT) [2] Index Information - Several KBW Nasdaq indexes have tradable exchange-traded funds (ETFs) licensed, including the KBW Nasdaq Bank Index, KBW Nasdaq Capital Markets Index, and others [2] - The KBW Nasdaq Premium Yield Equity REIT Index is identified by the ticker KYX, with its corresponding ETF ticker being KBWY [2] Company Background - KBW is a leading independent authority in various financial sectors, including banking, insurance, and asset management, and has been operational since 1962 [4]