Benzinga | Jun 16, 2021 07:39AM EDT

Arko Set To Join Russell 2000 Index

* Convenience stores operator, Arko Corp (NASDAQ:ARKO), is set to join the broad-market Russell 2000 Index after the 2021 Russell indexes annual reconstitution.

* The inclusion will be effective after the U.S. market opens on June 28, according to a preliminary list of additions posted on June 4.

* Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 7, ranking them by total market capitalization.

* "We are committed to aggressive growth through the acquisition of strong regional community brands and this recognition is a testament to our success," said Arie Kotler, Chief Executive Officer.

* Russell indexes are part of FTSE Russell, a leading global index provider which determines membership by objective, market-capitalization rankings, and style attributes.

* Price action: ARKO shares closed lower by 2.1% at $10.05 on Tuesday.