Wheels Up to Join Russell 3000 and 2000 Indexes, Tapping $12.2T Assets
UP•Wheels Up will be added to the Russell 3000 and Russell 2000 indexes on June 29 based on its market-cap ranking. Roughly $12.2 trillion is benchmarked to these Russell US indexes, likely driving new passive inflows into the stock.
1. Index Inclusion Details
Wheels Up will officially join the Russell 3000 and Russell 2000 indexes when the U.S. market opens on June 29, reflecting its market-capitalization ranking and style attributes under Russell’s rules.
2. Benchmark Impact and Passive Flows
With approximately $12.2 trillion benchmarked to Russell US indexes, inclusion positions Wheels Up to receive significant purchases from passive index funds and ETFs tracking the Russell 3000 and 2000.
3. Company Transformation Progress
Following the Delta Air Lines-led investment, Wheels Up has completed fleet modernization, achieved record operational performance and accelerated commercial momentum, underpinning management’s confidence in delivering long-term shareholder value.
