Two Additions/Two Deletions for Ardour Global Alternative Energy Index Extra Liquid in Quarterly Reconstitution
New York, NY September 7, 2016 --The Ardour Global Alternative Energy Index℠ Extra Liquid(TICKER: AGIXL) will have two additions and two deletions in its quarterly reconstitution—effective 6:00 PM (EST) Sunday, September 18, 2016—maintaining the number of index components at 30.
The additions to AGIXL are Badger Meter Inc (TICKER: BMI US) and Franklin Electric Co Inc (TICKER: FELE US).
The deletions from AGIXL are Dongfang Electric Corp Ltd (TICKER: 1072 HK) and Gintech Energy Corp (TICKER: 3514 TT).
The Ardour Global Alternative Energy Index℠ Extra Liquid is a capitalization-weighted, float-adjusted index of the most prominent alternative energy stocks in the world. To be included in the AGIXL index, companies must be pure-play and the stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
Detailed index information, including constituent data, rules and price information, is available at http://ardour.snetglobalindexes.com. Data is also available through most vendors of financial data.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. S-Network began publishing indexes in 2006 and currently publishes over 300 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...
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