- S-Network Global Indexes
- Posted September 27, 2017
S-Network Launches US Micro-Cap Benchmark Index
(New York, NY) September 27, 2017 — S-Network Global Indexes, Inc. has announced the launch of the US Equity Micro-Cap Index (Ticker: SNMCRO). The US Micro-Cap tracks the bottom half of the S-Network US Equity Small-Cap 2000 (SN2000) ranked by float-adjusted market cap and US stocks ranked too low for inclusion in the SN2000. The index is capitalization weighted.
As of the last rebalancing, SNMCRO had 1,275 stocks with a market cap range of about $4.5M to $1.6B.
“Micro-cap stocks offer discerning investors a unique opportunity set and this index provides a comprehensive universe of micro-cap stocks for building portfolios,” said Joseph LaCorte, CEO of S-Network Global Indexes.
The US Micro-Cap Index is the latest addition to the S-Network Global Benchmarking System, which comprises over 90 domestic and international indexes. The family serves as the basis for the development of smart beta indexes and is used for benchmarking and analytic purposes by a growing range of licensees worldwide.
LEARN MORE ABOUT S-NETWORK'S BENCHMARK INDEXES