Trump Media Added to Two Broad Indexes

Don Ma
By Don Ma
July 3, 2024NTD Good Morning

If you’ve got money in the market, you might own a little piece of Trump Media—without even knowing it.

Trump Media & Technology Group is now part of two broad indexes of US stocks: the Russell 1000 Index of large-cap stocks and the Russell 3000 Index. Several popular passive funds—namely index and exchange-traded funds—automatically buy whatever shares are part of those Russell indexes.