{"id":761236,"date":"2023-06-01T09:33:09","date_gmt":"2023-06-01T13:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/"},"modified":"2023-06-01T09:33:09","modified_gmt":"2023-06-01T13:33:09","slug":"cpi-card-group-set-to-join-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/","title":{"rendered":"CPI Card Group\u00ae set to join Russell 3000\u00ae Index"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>CPI Card Group<sup>\u00ae<\/sup> set to join Russell 3000<sup>\u00ae<\/sup> Index<\/b><\/p>\n<p>LITTLETON, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cpicardgroup.com%2F&amp;esheet=53411648&amp;newsitemid=20230601005646&amp;lan=en-US&amp;anchor=CPI+Card+Group+Inc.&amp;index=1&amp;md5=1d30c7088f8f94a566dc595a379157ad\">CPI Card Group Inc.<\/a> (Nasdaq: PMTS) (\u201cCPI\u201d or the \u201cCompany\u201d), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is set to join the broad-market Russell 3000<sup><span>\u00ae<\/span><\/sup>Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, according to a preliminary list of additions posted May 19.<\/p>\n<p>\n\u201cAs a top payment solutions provider in the U.S. serving thousands of banks, credit unions and fintechs, we are pleased to join the Russell 3000 Index,\u201d said Jeff Hochstadt, Chief Financial Officer of CPI. \u201cInclusion in the Russell 3000 Index is an important milestone for CPI and further demonstrates our focus on growing market share by providing innovative products, end-to-end solutions, and market-leading quality and customer service.\u201d<\/p>\n<p>\nAnnual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of April 28, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000<sup>\u00ae<\/sup> Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000<sup><span>\u00ae<\/span><\/sup> Index or small-cap Russell 2000<sup><span>\u00ae<\/span><\/sup> Index as well as the appropriate growth- and value-style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.<\/p>\n<p>\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s U.S. Indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/p>\n<p>\nFor more information on the Russell 3000<sup>\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ftserussell.com%2Fresources%2Frussell-reconstitution&amp;esheet=53411648&amp;newsitemid=20230601005646&amp;lan=en-US&amp;anchor=FTSE+Russell+website&amp;index=2&amp;md5=87e614f64036202ddb8ac5b16d9d9f8e\">FTSE Russell website<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About CPI Card Group<\/span><span class=\"bwuline\">\u00ae<\/span><\/b><\/p>\n<p>\nCPI Card Group is a payment technology company providing a comprehensive range of credit, debit, and prepaid card solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance. With a focus on building personal relationships and earning trust, we help our customers navigate the constantly evolving world of payments, while delivering innovative solutions that spark connections and support their brands. We serve clients across industry, size, and scale through our team of experienced, dedicated employees and our network of high-security production and card services facilities\u2014located in the United States. CPI is committed to exceeding our customers\u2019 expectations, transforming our industry, and enhancing the way people pay every day.<\/p>\n<p>\nLearn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.CPIcardgroup.com&amp;esheet=53411648&amp;newsitemid=20230601005646&amp;lan=en-US&amp;anchor=www.CPIcardgroup.com&amp;index=3&amp;md5=80529bc3b778af82bdbdf26d5275a629\">www.CPIcardgroup.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About FTSE Russell:<\/span><\/b><\/p>\n<p>\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.<\/p>\n<p>\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.<\/p>\n<p>\nA core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.<\/p>\n<p>\nFTSE Russell is wholly owned by London Stock Exchange Group.<\/p>\n<p>\nFor more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ftserussell.com&amp;esheet=53411648&amp;newsitemid=20230601005646&amp;lan=en-US&amp;anchor=www.ftserussell.com&amp;index=4&amp;md5=f5941680534f8a12cb765e3d77690976\">www.ftserussell.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230601005646r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230601005646\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230601005646\/en\/<\/a><\/span><\/p>\n<p><b>CPI Card Group Inc. Investor Relations:<br \/>\n<\/b><br \/>(877) 369-9016<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@cpicardgroup.com\">InvestorRelations@cpicardgroup.com<br \/>\n<\/a><\/p>\n<p><b>CPI Card Group Inc. Media Relations:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:Media@cpicardgroup.com\">Media@cpicardgroup.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Colorado United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Payments Finance Banking Data Management Professional Services Technology Fintech<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>CPI Card Group\u00ae set to join Russell 3000\u00ae Index LITTLETON, Colo.&#8211;(BUSINESS WIRE)&#8211;CPI Card Group Inc. (Nasdaq: PMTS) (\u201cCPI\u201d or the \u201cCompany\u201d), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is set to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, according to a preliminary list of additions posted May 19. \u201cAs a top payment solutions provider in the U.S. serving thousands of banks, credit unions and fintechs, we are pleased to join the Russell 3000 Index,\u201d said Jeff Hochstadt, Chief Financial Officer of CPI. \u201cInclusion in the Russell 3000 Index is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CPI Card Group\u00ae set to join Russell 3000\u00ae Index&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-761236","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CPI Card Group\u00ae set to join Russell 3000\u00ae Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPI Card Group\u00ae set to join Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CPI Card Group\u00ae set to join Russell 3000\u00ae Index LITTLETON, Colo.&#8211;(BUSINESS WIRE)&#8211;CPI Card Group Inc. (Nasdaq: PMTS) (\u201cCPI\u201d or the \u201cCompany\u201d), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is set to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, according to a preliminary list of additions posted May 19. \u201cAs a top payment solutions provider in the U.S. serving thousands of banks, credit unions and fintechs, we are pleased to join the Russell 3000 Index,\u201d said Jeff Hochstadt, Chief Financial Officer of CPI. \u201cInclusion in the Russell 3000 Index is &hellip; Continue reading &quot;CPI Card Group\u00ae set to join Russell 3000\u00ae Index&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-01T13:33:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230601005646r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-card-group-set-to-join-russell-3000-index\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-card-group-set-to-join-russell-3000-index\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CPI Card Group\u00ae set to join Russell 3000\u00ae Index\",\"datePublished\":\"2023-06-01T13:33:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-card-group-set-to-join-russell-3000-index\\\/\"},\"wordCount\":648,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-card-group-set-to-join-russell-3000-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230601005646r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-card-group-set-to-join-russell-3000-index\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cpi-card-group-set-to-join-russell-3000-index\\\/\",\"name\":\"CPI Card Group\u00ae set to join Russell 3000\u00ae Index - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/","og_locale":"en_US","og_type":"article","og_title":"CPI Card Group\u00ae set to join Russell 3000\u00ae Index - Market Newsdesk","og_description":"CPI Card Group\u00ae set to join Russell 3000\u00ae Index LITTLETON, Colo.&#8211;(BUSINESS WIRE)&#8211;CPI Card Group Inc. (Nasdaq: PMTS) (\u201cCPI\u201d or the \u201cCompany\u201d), a payment technology company providing a range of credit, debit, and prepaid solutions, complementary digital solutions, and Software-as-a-Service (SaaS) instant issuance, is set to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, according to a preliminary list of additions posted May 19. \u201cAs a top payment solutions provider in the U.S. serving thousands of banks, credit unions and fintechs, we are pleased to join the Russell 3000 Index,\u201d said Jeff Hochstadt, Chief Financial Officer of CPI. \u201cInclusion in the Russell 3000 Index is &hellip; Continue reading \"CPI Card Group\u00ae set to join Russell 3000\u00ae Index\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-01T13:33:09+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230601005646r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CPI Card Group\u00ae set to join Russell 3000\u00ae Index","datePublished":"2023-06-01T13:33:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/"},"wordCount":648,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230601005646r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-card-group-set-to-join-russell-3000-index\/","name":"CPI Card Group\u00ae set to join Russell 3000\u00ae Index - 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