BlueStar Indexes® announced the semiannual update of the TASE-BlueStar Israel Global Technology Index™ - TA-BIGITechT® - that includes the Israeli, or Israeli-linked hi-tech companies, traded in the Tel-Aviv Stock Exchange (TASE) and/or abroad.
Following the index update that will come into effect, today December 17th, 2017, the index will include 77 companies with an aggregate market cap of approximately $89 billion. 42 of the companies are traded only overseas (in the U.S., London, Australia Singapore and Hong-Kong), 26 companies are dual-listed, and 9 are traded only in the TASE. The total weight of the 35 shares traded on TASE is 40% of the Index.
The semiannual update added nine public companies to the index. One of them is traded only in the TASE: AERONAUTICS; two companies are dual-listed: INTEC PHARMA & POINTER TELOCATION.
The following five companies that were added to the index are traded only in the U.S.: UROGEN PHARMA, FORESCOUT TECHNOLOGIES, RADA ELECTRONICS, MEDIWOUND & GALMED PHARMACEUTICALS. One company is traded in Hong-Kong: SISRAM MEDICAL.
One company was removed from the index in the semiannual update- AEVI Genomics, which is traded only in the U.S.
Nine of the 77 companies included in the index are surveyed in TASE's Analysis Project for hi-tech companies: RedHill, Pluristem, Foresight, Energix, Bioline, Enlight, Intec Pharma, Pointer & Oramed.
The TA-BIGITech® is the first international index to include Israeli hi-tech companies, which are traded on several markets. It can serve as the underlying benchmark for index certificates and tracking funds in Israel and abroad.
As of this rebalance, at each semi-annual rebalance, the maximum allowable weight of any company in the Index is being reduced from 10% to 7.5%.
In the past few months, the worth of assets tracking the index has risen sharply:
- The BlueStar TA-BIGITech® Israel Technology ETF – Ticker: ITEQ® - an exchange-traded fund (ETF) traded on NASDAQ - $30.1 million.
- Read more about ITEQ here: http://www.iteqetf.com
- KSM TECH 193 TA-BIGITech® (ISIN IL0011379596) – 114 million NIS.
- KSM BlueStar TEC (Sec. No 5121132) – 24.3 million NIS.
Attached is the Index composition and shares weights following the December 2017 update.
# |
Company Name |
Ticker |
Index Weight |
1 |
CHECK POINT SOFTWARE |
CHKP |
7.71% |
2 |
AMDOCS LTD |
DOX |
7.53% |
3 |
NICE LTD |
NICE |
7.41% |
4 |
TOWER SEMICONDUCTOR LTD |
TSEM |
4.63% |
5 |
ELBIT SYSTEMS LTD |
ESLT |
4.56% |
6 |
MELLANOX TECHNOLOGIES LTD |
MLNX |
4.23% |
7 |
VERINT SYSTEMS INC |
VRNT |
3.96% |
8 |
ORMAT TECHNOLOGIES INC |
ORA |
3.49% |
9 |
ORBOTECH LTD |
ORBK |
3.41% |
10 |
WIX.COM LTD |
WIX |
3.36% |
11 |
OPKO HEALTH INC |
OPK |
2.56% |
12 |
CYBERARK SOFTWARE LTD |
CYBR |
2.31% |
13 |
NOVOCURE LTD |
NVCR |
2.16% |
14 |
IMPERVA INC |
IMPV |
2.07% |
15 |
MAZOR ROBOTICS LTD |
MZOR |
2.04% |
16 |
SOLAREDGE TECHNOLOGIES INC |
SEDG |
1.92% |
17 |
STRATASYS LTD |
SSYS |
1.72% |
18 |
VARONIS SYSTEMS INC |
VRNS |
1.70% |
19 |
CEVA INC |
CEVA |
1.63% |
20 |
PLUS500 LTD |
PLUS |
1.52% |
21 |
888 HOLDINGS PLC |
888 |
1.37% |
22 |
RADWARE LTD |
RDWR |
1.26% |
23 |
NOVA MEASURING INSTRUMENTS |
NVMI |
1.25% |
24 |
LIVEPERSON INC |
LPSN |
1.18% |
25 |
ITURAN LOCATION AND CONTROL |
ITRN |
1.05% |
26 |
XLMEDIA PLC |
XLM |
1.00% |
27 |
KORNIT DIGITAL LTD |
KRNT |
0.86% |
28 |
UROGEN PHARMA LTD |
URGN |
0.82% |
29 |
SILICOM LTD |
SILC |
0.79% |
30 |
MATRIX IT LTD |
MTRX |
0.74% |
31 |
FORMULA SYSTEMS (1985) LTD |
FORTY |
0.71% |
32 |
HILAN LTD |
HLAN |
0.66% |
33 |
SAPIENS INTERNATIONAL CORP |
SPNS |
0.59% |
34 |
DSP GROUP INC |
DSPG |
0.59% |
35 |
FORESCOUT TECHNOLOGIES INC |
FSCT |
0.56% |
36 |
MAYTRONICS LTD |
MTRN |
0.53% |
37 |
FOAMIX PHARMACEUTICALS LTD |
FOMX |
0.52% |
38 |
RADCOM LTD |
RDCM |
0.51% |
39 |
MAGIC SOFTWARE ENTERPRISES |
MGIC |
0.50% |
40 |
TAPTICA INTERNATIONAL LTD |
TAP |
0.49% |
41 |
AERONAUTICS LTD |
ARCS |
0.48% |
42 |
SARINE TECHNOLOGIES LTD |
SARINE |
0.48% |
43 |
TELIT COMMUNICATIONS PLC |
TCM |
0.48% |
44 |
SAFECHARGE INTERNATIONAL GRO |
SCH |
0.48% |
45 |
AUDIOCODES LTD |
AUDC |
0.46% |
46 |
ALLOT COMMUNICATIONS LTD |
ALLT |
0.46% |
47 |
GILAT SATELLITE NETWORKS LTD |
GILT |
0.45% |
48 |
ENZYMOTEC LTD |
ENZY |
0.45% |
49 |
ENLIGHT RENEWABLE ENERGY LTD |
ENLT |
0.44% |
50 |
SISRAM MEDICAL LTD |
1696.HK |
0.42% |
51 |
KAMADA LTD |
KMDA |
0.42% |
52 |
COMPUGEN LTD |
CGEN |
0.41% |
53 |
INTEC PHARMA LTD |
NTEC |
0.40% |
54 |
PLURISTEM THERAPEUTICS INC |
PSTI |
0.40% |
55 |
SKY AND SPACE GLOBAL LTD |
SAS |
0.39% |
56 |
ENERGIX-RENEWABLE ENERGIES |
ENRG |
0.39% |
57 |
CERAGON NETWORKS LTD |
CRNT |
0.37% |
58 |
CAMTEK LTD |
CAMT |
0.37% |
59 |
ONE SOFTWARE TECHNOLOGIES |
ONE |
0.37% |
60 |
ATTUNITY LTD |
ATTU |
0.37% |
61 |
POINTER TELOCATION LTD |
PNTR |
0.36% |
62 |
GALMED PHARMACEUTICALS LTD |
GLMD |
0.36% |
63 |
RADA ELECTRONIC INDS LTD |
RADA |
0.35% |
64 |
BIOLINERX LTD-SPONS ADR |
BLRX |
0.35% |
65 |
VASCULAR BIOGENICS LTD |
VBLT |
0.35% |
66 |
MEDIWOUND LTD |
MDWD |
0.34% |
67 |
REDHILL BIOPHARMA LTD |
RDHL |
0.33% |
68 |
AROTECH CORP |
ARTX |
0.33% |
69 |
PROTALIX BIOTHERAPEUTICS INC |
PLX |
0.33% |
70 |
EVOGENE LTD |
EVGN |
0.32% |
71 |
MALAM - TEAM LTD |
MLTM |
0.32% |
72 |
FLUENCE CORP LTD |
FLC |
0.32% |
73 |
ARAD LTD |
ARD |
0.32% |
74 |
ORAMED PHARMACEUTICALS INC |
ORMP |
0.31% |
75 |
MAGAL SECURITY SYS LTD |
MAGS |
0.31% |
76 |
BRAINSTORM CELL THERAPEUTICS |
BCLI |
0.30% |
77 |
FORESIGHT AUTONOMOUS HOLDING |
FRSX |
0.29% |
|
TOTAL |
|
100.00% |