ORLANDO, Fla., July 1, 2025 /PRNewswire/ -- M-tron Industries, Inc. (NYSE:MPTI) ("Mtron" or the "Company"), a leading provider of high-performance radio frequency components and solutions, today announced the Company was added as a member of the broad-market Russell 3000® Index, effective after the U.S. market close on June 27, 2025.
The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
"Our inclusion in the Russell 3000® Index is a meaningful milestone that reflects the strong progress we've made since our IPO in October 2022," said Cameron Pforr, Interim CEO. "In less than three years as a public company, we've delivered consistent growth, expanded our market presence, and continued to execute on our long-term strategic vision. Being recognized alongside other leading U.S. companies is a testament to the dedication of our team and the confidence our investors have placed in us. We look forward to building on this momentum as we continue to drive value for our shareholders."
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.
For more information on the Russell 3000® Index and the Russell indices reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.
About Mtron
M-tron Industries, Inc. (NYSE:MPTI) designs, manufactures, and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India. For more information, visit www.mtron.com.
About FTSE Russell, an LSED Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell.
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SOURCE Mtron