NEW
YORK, Dec. 12, 2022 /PRNewswire/ -- S&P
MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace
Fortune Brands Home & Security Inc. (NYSE: FBHS) in the S&P
500, Fortune Brands Innovations Inc. (NYSE:FBIN) will replace First
Solar in the S&P MidCap 400, and MasterBrand Inc. (NYSE: MBC)
will replace Conn's Inc. (NASD: CONN) in the S&P SmallCap 600
effective prior to the opening of trading on Monday, December
19. Fortune Brands Home & Security is spinning off
MasterBrand in a transaction expected to be completed December 15. Post spin-off, Fortune Brands Home
& Security will have a name and symbol change to Fortune Brands
Innovations Inc. (NYSE:FBIN) and will be more representative of the
midcap market space. Conn's 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
|
Dec. 15,
2022
|
S&P 500
|
Addition
|
MasterBrand
|
MBC
|
Industrials
|
Dec. 19,
2022
|
S&P 500
|
Addition
|
First Solar
|
FSLR
|
Information
Technology
|
|
S&P 500
|
Deletion
|
MasterBrand
|
MBC
|
Industrials
|
|
S&P 500
|
Deletion
|
Fortune Brands Home
& Security
|
FBHS
|
Industrials
|
|
S&P MidCap
400
|
Addition
|
Fortune Brands
Innovations
|
FBIN
|
Industrials
|
|
S&P MidCap
400
|
Deletion
|
First Solar
|
FSLR
|
Information
Technology
|
|
S&P SmallCap
600
|
Addition
|
MasterBrand
|
MBC
|
Industrials
|
|
S&P SmallCap
600
|
Deletion
|
Conn's
|
CONN
|
Consumer
Discretionary
|
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