NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY).
These changes will be effective prior to the opening of business on Monday, December 23, 2024.
As part of this rebalancing, below are the component-level changes across impacted indices:
KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker: N/A)
| Add (6): | |
| Apollo Global Management, Inc. (NYSE: APO) | |
| Ares Management Corp (NYSE: ARES) | |
| Blue Owl Capital, Inc. (NYSE: OWL) | |
| Interactive Brokers Group, Inc. (NASDAQ: IBKR) | |
| Robinhood Markets, Inc. (NASDAQ: HOOD) | |
| Tradeweb Markets, Inc. (NASDAQ: TW) | |
| Drop (5): | |
| Brookfield Corp (NYSE: BN) | |
| Janus Henderson Group PLC (NYSE: JHG) | |
| SEI Investments Co. (NASDAQ: SEIC) | |
| State Street Corp (NYSE: STT) | |
| Virtu Financial, Inc. (NASDAQ: VIRT) |
KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN)
| Add (7): | |
| Euronet Worldwide, Inc. (NASDAQ: EEFT) | |
| Guidewire Software, Inc. (NYSE: GWRE) | |
| Paymentus Holdings, Inc. (NYSE: PAY) | |
| Payoneer Global, Inc. (NASDAQ: PAYO) | |
| Q2 Holdings, Inc. (NYSE: QTWO) | |
| Remitly Global, Inc. (NASDAQ: RELY) | |
| Upstart Holdings, Inc. (NASDAQ: UPST) | |
| Drop (6): | |
| Equifax, Inc. (NYSE: EFX) | |
| Fair Isaac Corp (NYSE: FICO) | |
| Moody's Corp (NYSE : MCO) | |
| SEI Investments Co. (NASDAQ: SEIC) | |
| TransUnion (NYSE: TRU) | |
| Virtu Financial, Inc. (NASDAQ: VIRT) |
KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX; ETF Ticker: KBWD)
| Add (15): | |
| AllianceBernstein Holding LP (NYSE: AB) | |
| Arbor Realty Trust, Inc. (NYSE: ABR) | |
| Capitol Federal Financial, Inc. (NASDAQ: CFFN) | |
| Carlyle Secured Lending, Inc. (NASDAQ: CGBD) | |
| CION Investment Corp (NYSE: CION) | |
| Flushing Financial Corp (NASDAQ: FFIC) | |
| Franklin Resources, Inc. (NYSE: BEN) | |
| Invesco Mortgage Capital, Inc. (NYSE: IVR) | |
| Kearny Financial Corp (NASDAQ: KRNY) | |
| Main Street Capital Corp (NYSE: MAIN) | |
| New Mountain Finance Corp (NASDAQ: NMFC) | |
| Oaktree Specialty Lending Corp (NASDAQ: OCSL) | |
| Orchid Island Capital, Inc. (NYSE: ORC) | |
| PennantPark Floating Rate Capital Ltd (NYSE: PFLT) | |
| PennyMac Mortgage Investment Trust (NYSE: PMT) | |
| Drop (14): | |
| Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) | |
| Ares Commercial Real Estate Corp (NYSE: ACRE) | |
| Capital Southwest Corp (NASDAQ: CSWC) | |
| Eagle Bancorp, Inc. (NASDAQ: EGBN) | |
| Flagstar Financial, Inc. (NYSE: FLG) | |
| Jackson Financial, Inc. (NYSE: JXN) | |
| Janus Henderson Group PLC (NYSE: JHG) | |
| KeyCorp (NYSE: KEY) | |
| KKR Real Estate Finance Trust, Inc. (NYSE: KREF) | |
| Lazard, Inc. (NYSE: LAZ) | |
| Prospect Capital Corp (NASDAQ: PSEC) | |
| Runway Growth Finance Corp (NASDAQ: RWAY) | |
| TPG RE Finance Trust, Inc. (NYSE: TRTX) | |
| TriplePoint Venture Growth BDC Corp (NYSE: TPVG) |
KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX; ETF Ticker: KBWY)
| Add (10): | |
| Brandywine Realty Trust (NYSE: BDN) | |
| Clipper Realty, Inc. (NYSE: CLPR) | |
| Community Healthcare Trust, Inc. (NYSE: CHCT) | |
| CTO Realty Growth, Inc. (NYSE: CTO) | |
| Kilroy Realty Corp (NYSE: KRC) | |
| NexPoint Diversified Real Estate Trust (NYSE: NXDT) | |
| Park Hotels & Resorts, Inc. (NYSE: PK) | |
| Peakstone Realty Trust (NYSE: PKST) | |
| RLJ Lodging Trust (NYSE: RLJ) | |
| SITE Centers Corp (NYSE: SITC) | |
| Drop (8): | |
| American Assets Trust, Inc. (NYSE: AAT) | |
| Kimco Realty Corp (NYSE: KIM) | |
| LTC Properties, Inc. (NYSE: LTC) | |
| Office Properties, Income Trust (NASDAQ: OPI) | |
| Piedmont Office Realty Trust, Inc. (NYSE: PDM) | |
| Service Properties Trust (NASDAQ: SVC) | |
| SL Green Realty Corp (NYSE: SLG) | |
| WP Carey, Inc. (NYSE: WPC) |
Several of the KBW Nasdaq indexes have tradable exchange‐traded funds licensed: KBW Nasdaq Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM); KBW Nasdaq Capital Markets Index (Index Ticker: KSXSM); KBW Nasdaq Insurance Index (Index Ticker: KIXSM); KBW Nasdaq Regional Banking Index (Index Ticker: KRXSM, ETF Ticker: KBWRSM); KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Nasdaq Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF Ticker: KBWPSM); KBW Nasdaq Global Bank Index (Index Ticker: GBKXSM); KBW Nasdaq Financial Technology Index (Index Ticker: KFTXSM, ETF Ticker: FTEK.LNSM).
Not all of the listed securities may be suitable for retail investors; in addition, not all of the listed securities may be available to U.S. investors. European investors interested in FTEK LN can contact Invesco at https://etf.invesco.com/gb/private/en/product/invesco-kbw-nasdaq-fintech-ucits-etf-acc/trading-information. U.S. investors cannot buy or hold FTEK LN. An investor cannot invest directly in an index.
About KBW
KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S., and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry‐leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.
Media Contact
Neil Shapiro, (212) 271-3447
shapiron@stifel.com