NEW YORK, Sept. 8, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500,
S&P MidCap 400 & S&P SmallCap 600 indices:
- S&P MidCap 400 constituent Cadence Design Systems Inc.
(NASD: CDNS) will replace Staples Inc. (NASD: SPLS) in the S&P
500, S&P SmallCap 600 constituent ILG Inc. (NASD: ILG) will
replace Cadence Design Systems in the S&P MidCap 400, and Meta
Financial Group Inc. (NASD: CASH) will replace ILG in the S&P
SmallCap 600 effective prior to the open on Monday, September 18. Sycamore Partners is
acquiring Staples in a deal expected to be completed soon pending
final conditions.
- S&P SmallCap 600 constituent The Brink's Co. (NYSE: BCO)
will replace VCA Inc. (NASD: WOOF) in the S&P MidCap 400, and
ARMOUR Residential REIT Inc.
(NYSE: ARR) will replace Brink's in the S&P SmallCap 600
effective prior to the open on Monday,
September 18. Mars Inc. is acquiring VCA in a deal expected
to be completed soon.
- Callon Petroleum Company Inc. (NYSE: CPE) will replace WebMD
Health Corp. (NASD: WBMD) in the S&P MidCap 400 effective prior
to the open on Monday, September 18.
KKR Inc. is acquiring WebMD Health in a deal expected to be
completed soon pending final conditions.
- Whitestone REIT (NYSE: WSR) will replace CDI Corp. (NYSE: CDI)
in the S&P SmallCap 600 effective prior to the open on
Wednesday, September 13. AE
Industrial Partners LLC is acquiring CDI in a deal expected to be
completed on or about that date pending final conditions.
Cadence Design Systems provides electronic design automation
software, emulation and prototyping hardware, system interconnect,
and analysis. Headquartered in San Jose,
CA, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Application Software
Sub-Industry index.
ILG provides professional vacation services. Headquartered
in Miami, FL, the company will be
added to the S&P MidCap 400 GICS Hotels, Resorts & Cruise
Lines Sub-Industry index.
Meta Financial Group offers various banking products and
services. Headquartered in Sioux Falls,
SD, the company will be added to the S&P SmallCap 600
GICS Thrifts & Mortgage Finance Sub-Industry index.
The Brink's Company provides secure transportation, cash
management services, and other security-related services.
Headquartered in Richmond, VA, the
company will be added to the S&P MidCap 400 GICS Security &
Alarm Services Sub-Industry index.
ARMOUR Residential REIT invests
in residential mortgage backed securities. Headquartered in
Vero Beach, FL, the company will
be added to the S&P SmallCap 600 GICS Mortgage REITs
Sub-Industry index.
Callon Petroleum acquires, explores for, develops, and produces
oil and natural gas properties. Headquartered in Natchez, MS, the company will be added to the
S&P MidCap 400 GICS Oil & Gas Exploration & Production
Sub-Industry index.
Whitestone REIT is an equity real estate investment trust that
owns and operates commercial properties. Headquartered in
Houston, TX, the company will be
added to the S&P SmallCap 600 GICS Retail REITs Sub-Industry
index.
Following is a summary of the changes:
|
S&P SMALLCAP
600 INDEX – September 13, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Whitestone
REIT
|
Real
Estate
|
Retail
REITs
|
|
DELETED
|
CDI
|
Industrials
|
Human Resource &
Employment Services
|
|
S&P 500 INDEX
– September 18, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Cadence Design
Systems
|
Information
Technology
|
Application
Software
|
|
DELETED
|
Staples
|
Consumer
Discretionary
|
Specialty
Stores
|
|
S&P MIDCAP 400
INDEX – September 18, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
ILG
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise Lines
|
|
The Brink's
Co.
|
Industrials
|
Security & Alarm
Services
|
|
Callon
Petroleum
|
Energy
|
Oil & Gas
Exploration & Production
|
|
DELETED
|
Cadence Design
Systems
|
Information
Technology
|
Application
Software
|
|
VCA
|
Health
Care
|
Health Care
Facilities
|
|
WebMD
Health
|
Information
Technology
|
Internet Software
& Services
|
|
S&P SMALLCAP
600 INDEX – September 18, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Meta
Financial
|
Financials
|
Thrifts &
Mortgage Finance
|
|
ARMOUR Residential
REIT
|
Real
Estate
|
Mortgage
REITS
|
|
DELETED
|
ILG
|
Consumer
Discretionary
|
Hotel, Resorts &
Cruise Lines
|
|
The Brink's
Co.
|
Industrials
|
Security & Alarm
Services
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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