Group 1 - Security National Financial Corporation (SNFCA) will be included in the Russell 3000 Index effective June 30, 2025, following the annual reconstitutions of the Russell indexes [1][2] - The Russell 3000 Index captures the 4,000 largest US stocks ranked by total market capitalization, and membership lasts for one year, leading to automatic inclusion in either the Russell 1000 or Russell 2000 Index [2] - The inclusion in the Russell 3000 Index is seen as a validation of Security National's efforts to provide strong returns and stability for investors, as stated by the company's President and Chairman [3] Group 2 - FTSE Russell, the provider of the Russell indexes, emphasizes the importance of adapting to the evolving US economy and plans to transition to a semi-annual reconstitution frequency starting in 2026 [4] - FTSE Russell manages a significant amount of assets, with approximately $10.6 trillion benchmarked against the Russell US indexes as of June 2024 [3] - FTSE Russell is a global leader in index provision, with around $18.1 trillion benchmarked to its indexes, covering 98% of the investable market globally [6]
Security National Financial Corporation set to join Russell 3000® Index