ZEVEX International Included in Russell MicroCap(TM) Index
06 July 2006 - 8:31AM
Business Wire
ZEVEX International Inc. (NASDAQ: ZVXI), developer and manufacturer
of high-quality, high-value medical products, announced today that
it is now included in the Russell MicroCap Index. ZEVEX was added
to this index when the Russell Investment Group reconstituted its
family of U.S. indexes on July 1, 2006. The Russell MicroCap Index
is one of several Russell indexes that are widely used by
investment managers and institutional investors. These indexes are
used to manage mutual funds that are tied to the indexes and as
benchmarks for both passive and active investment strategies.
Approximately $3.8 trillion in assets is currently benchmarked to
Russell indexes. If a mutual fund is tied to a specific Russell
index, investment managers will purchase shares of stock of a
company that is part of the index according to the weighting of
that company in the index. About ZEVEX ZEVEX International Inc.
(www.zevex.com), founded in 1986, is a diversified medical device
company committed to creating products that transform life with
patented and proprietary medical device technologies -- from
sensors and surgical tools to medical electronic systems. About
Russell Russell, a global leader in multimanager investment
services, provides investment products and services in 44
countries. Russell manages more than $167 billion in assets and
advises clients worldwide representing assets of $2.4 trillion.
Founded in 1936, Russell is a subsidiary of Northwestern Mutual and
is headquartered in Tacoma, Wash., with additional offices in New
York, Toronto, London, Paris, Singapore, Sydney, Auckland and
Tokyo.
Zevex (NASDAQ:ZVXI)
Historical Stock Chart
From Dec 2024 to Jan 2025
Zevex (NASDAQ:ZVXI)
Historical Stock Chart
From Jan 2024 to Jan 2025
Real-Time news about Zevex International (MM) (NASDAQ): 0 recent articles
More ZEVEX International Inc. News Articles