With the SpaceX (NASDAQ: SPCX) IPO having launched and oil prices coming down, investors may think it’s finally safe to step away for the summer. But there’s another event coming up that may put some small-cap stocks on a summer watch list.
That’s because on June 26, the Russell 2000 will do the first of its two annual rebalancings. That means some companies get added, and some get removed. More than $11 trillion in assets are benchmarked to Russell indexes. That means companies that are added can expect significant capital inflows from index funds and ETFs.
