NEW YORK, Oct. 1, 2020 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500,
S&P MidCap 400, and S&P SmallCap 600 effective prior to the
opening of trading on Wednesday, October
7:
- S&P MidCap 400 constituent Pool Corp. (NASD:POOL) will
replace E*TRADE Financial Corp. (NASD:ETFC) in the S&P 500,
S&P SmallCap 600 constituent Neogen Corp. (NASD:NEOG) will
replace Pool in the S&P MidCap 400, and Capitol Federal
Financial Inc. (NASD:CFFN) will replace Neogen in the S&P
SmallCap 600. S&P 500 and 100 constituent Morgan Stanley (NYSE:
MS) is acquiring E*TRADE Financial in a transaction expected to be
completed soon pending final conditions.
- S&P SmallCap 600 constituent Simpson Manufacturing Co Inc.
(NYSE:SSD) will replace Delphi Technologies plc (NYSE:DLPH) in the
S&P MidCap 400, and Assured Guaranty Ltd (NYSE:AGO) will
replace Simpson Manufacturing in the S&P SmallCap 600. S&P
500 constituent BorgWarner Inc. (NYSE: BWA) is acquiring Delphi
Technologies in a transaction expected to be completed soon pending
final conditions.
- Renasant Corp. (NASD:RNST) will replace Newpark Resources Inc.
(NYSE:NR) in the S&P SmallCap 600. Newpark Resources is no
longer representative of the small-cap market space.
Following is a summary of the changes that will take place prior
to the open of trading on the effective date:
|
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS
Sector
|
|
October 7,
2020
|
S&P
500
|
Addition
|
Pool
|
POOL
|
Consumer
Discretionary
|
|
October 7,
2020
|
S&P
500
|
Deletion
|
E*TRADE
Financial
|
ETFC
|
Financials
|
|
October 7,
2020
|
S&P MidCap
400
|
Addition
|
Neogen
|
NEOG
|
Health
Care
|
|
October 7,
2020
|
S&P MidCap
400
|
Deletion
|
Pool
|
POOL
|
Consumer
Discretionary
|
|
October 7,
2020
|
S&P MidCap
400
|
Addition
|
Simpson
Manufacturing
|
SSD
|
Industrials
|
|
October 7,
2020
|
S&P MidCap
400
|
Deletion
|
Delphi
Technologies
|
DLPH
|
Consumer
Discretionary
|
|
October 7,
2020
|
S&P SmallCap
600
|
Addition
|
Capitol Federal
Financial
|
CFFN
|
Financials
|
|
October 7,
2020
|
S&P SmallCap
600
|
Deletion
|
Neogen
|
NEOG
|
Health
Care
|
|
October 7,
2020
|
S&P SmallCap
600
|
Addition
|
Assured
Guaranty
|
AGO
|
Financials
|
|
October 7,
2020
|
S&P SmallCap
600
|
Deletion
|
Simpson
Manufacturing
|
SSD
|
Industrials
|
|
October 7,
2020
|
S&P SmallCap
600
|
Addition
|
Renasant
|
RNST
|
Financials
|
|
October 7,
2020
|
S&P SmallCap
600
|
Deletion
|
Newpark
Resource
|
NR
|
Energy
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
products based on our indices than products based on indices from
any other provider in the world. Since Charles Dow invented the first index in 1884,
S&P DJI has been innovating and developing indices across the
spectrum of asset classes helping to define the way investors
measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
FOR MORE INFORMATION:
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