The most comprehensive measure of Internet companies defined through Wilshire's own research. Wilshire classifies a company as Internet if a majority of a company's business is directly tied to the Internet.
Construction/Methodology
Membership
Publicly traded companies defined as Internet companies through Wilshire Associates’ research.
Wilshire Associates classifies a company as Internet if a majority of a company's business is directly tied to the Internet.
New Internet stocks are added to the Wilshire Internet Index at the end of each month.
Exclusions
Additions to the index are made once a month after the month-end close.
IPOs will generally be added at the end of the month (provided we have a "good" shares outstanding value.)
If a stock in the Wilshire Internet Index is acquired or stops trading, the stock is dropped from the Index on the last day it is traded.
A security will be excluded from the index on the day it fails Dow Jones Wilshire 5000 Index inclusion guidelines.
A security will be excluded from the index on the day it stops trading but may reenter the index when it resumes trading.
Shares outstanding may be adjusted to reflect corporate events during the month; otherwise, shares outstanding are updated once a month.