Jun. 26 at 8:17 PM
$IMMX
Two major passive investing milestones now confirmed:
1️⃣ Russell 3000 – Officially added effective today. The closing cross included 4,164,290 shares at
$9.98, illustrating the enormous index-rebalancing activity at the close.
2️⃣ XBI – Now confirmed as a holding with 2,097,811 IMMX shares, representing approximately 0.199% of the ETF.
Together, these additions mean millions of IMMX shares are now held by passive/index investors, increasing institutional ownership, improving liquidity, and reducing the actively traded float.
The index rebalancing is now behind us. From here, the stock trades on fundamentals: BCMA CAR-T progress, regulatory milestones, analyst coverage, and any strategic partnership or M&A developments.
Excited for what’s next.
