Two Additions and One Deletion in S-Network Global Water Index Quarterly Rebalancing
New York, NY, Thursday, March 8, 2018 — The S-Network Global Water IndexSM (TICKER: JGI) will add two constituents and drop one constituent in its quarterly rebalancing, effective 6:00 PM (EST) Sunday, March 18, 2018, changing the number of index components to 60.
The additions to JGI are: Evoqua Water Technologies Corp (TICKER: AQUA US) and Newater Technology, Inc. (TICKER: NEWA US).
The deletion from JGI is China Everbright Water Ltd (TICKER: CEWL SP).
The same changes will apply to the S-Network Global Water Tech IndexSM (JWT), a sub-index of JGI.
Complete lists of constituents and weights will be posted on the S-Network Global Water Index family website (www.snetglobalwaterindexes.com) as of the effective date.
The S-Network Global Water IndexesSM are capitalization-weighted, float-adjusted indexes of the most prominent water stocks in the world. To be included in the indexes, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
Detailed information on the S-Network Global Water Indexes including constituent data, rules and price information is available at www.snetglobalwaterindexes.com. Data is also available through most vendors of financial data.
Index: S-Network Global Water IndexSM (TICKER: JGI)
Index: S-Network Global Water WorksSM (TICKER: JWW)
Index: S-Network Global Water TechSM (TICKER: JWT)
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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