Duluth Trading Co. added to Russell indexes

Duluth Holdings Inc., the publicly traded Belleville-based parent company of apparel retailer Duluth Trading Co., has been added to the Russell 2000 Index and the U.S. broad-market Russell 3000 Index, according to the Milwaukee Business Journal. Investment managers and institutional investors use the Russell Indexes as index funds and benchmarks for investment strategies.

Russell added Duluth Holdings (NYSE: DLTH) on Dec. 18 as part of its quarterly addition of IPO companies. Duluth Holdings raised $83.7 million in November as part of its initial public offering of common stock.