New York (PRWEB) September 10, 2009
The Janney Global Water Index℠ (TICKER: JGI) will add three new components, effective 6:00 PM (EST) Sunday, September 20, 2009. Three stocks will be deleted from the index, thus maintaining the fixed number of 60 components. The changes result from the quarterly rebalancing of the index.
The additions to the Janney Water Tech Index℠ are Wavin NV (TICKER: WAVIN NA) and Spice Holdings (TICKER: SPI LN), while Gorman-Rupp Co. (TICKER: GRC) and Northwest Pipe Co. (TICKER: NWPX) will be deleted.
Acegas SpA (TICKER: AEG IM) will replace Gelsenwasser AG (TICKER: WWG GR) in the Janney Water Works Index℠.
A complete list of constituents and weights will be posted on the Janney index family web site,
The Janney Global Water Index℠ is a capitalization-weighted, float-adjusted index of the most prominent water stocks in the world. To be included in the JGI index, stocks must pass multiple screens, including for capitalization, float, exchange listing, share price and turnover.
Detailed information, including constituent data, rules and price information, on the Janney family of global water indexes is available at http://www.janneywaterindexes.com. Data is also available through most vendors of financial data.
Index: Janney Global Water Index℠
Index: Janney Water Works℠
Index: Janney Water Tech℠
Janney Montgomery Scott, LLC
Joseph LaCorte, CFA
J-Net Global Indexes, LLC