American Realty Investors, Inc. Included in Russell 2000 Index
July 18 2018 - 9:00AM
Business Wire
CEO and President Daniel J. Moos announced today that American
Realty Investors, Inc. (NYSE: ARL) has now been included in the
Russell 2000 US Equity Index.
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the full release here:
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Russell Indexes are widely used by investment managers and
institutional investors for both index funds and as benchmarks for
passive and active investment strategies. The annual reconstitution
of the Russell 2000 captures the 2,000 largest U.S. stocks, ranking
them by total market capitalization.
“We’re proud and excited for American Realty Investors Inc.’s
recent inclusion in the Russell 2000. ARL’s single biggest holding
is its majority ownership in Transcontinental Realty Investors
Inc.,” said CEO and President Daniel J. Moos. “We are also proud to
note that Income Opportunity Realty Investors, Inc., whose majority
shareholder is TCI, has now been included in the Russell Microcap
Index. These new inclusions are indicative of the ongoing
enhancements in value and success of all of our public
companies.”
Since their launch in 1984, the Russell US indexes —
including the Russell 1000, Russell 2000 and Russell 3000 Indexes
as well as their Growth & Value Style components — have been
widely adopted by institutional investors for their academic
integrity and investor usability.
American Realty Investors, a New York Stock Exchange Company
(NYSE: ARL), maintains a commitment to greater shareholder value
through the acquisition, financing, operation and sale of real
estate and real estate assets.
Transcontinental Realty Investors, a New York Stock Exchange
Company (NYSE: TCI), maintains a strong emphasis on creating
greater shareholder value through acquisition, financing,
operation, developing, and sale of real estate across every
geographic region in the United States. Transcontinental produces
revenue through the ownership and professional management of income
producing apartments and office buildings that are "undervalued" or
"underperforming" at the time of acquisition. Value is added under
Transcontinental ownership, and the properties are repositioned
into higher classifications through physical improvements and
improved management. Transcontinental has dramatically expanded its
development capabilities associated with luxury apartment homes
through its wholly owned subsidiary Abode Properties, principally
on land it owns or acquires.
Income Opportunity Realty Investors, Inc., a New York Stock
Exchange Company (NYSE American: IOR), is committed to creating
greater shareholder value through the acquisition, financing,
operation and sale of real estate across the United States.
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On behalf of American Realty Investors Inc.Chris Childress,
469-522-4275press@pillarincome.com
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