S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.
- Blackstone Inc. (NYSE:BX) and Airbnb Inc. (NASD:ABNB) will replace Lincoln National Corp. (NYSE:LNC) and Newell Brands Inc. (NASD:NWL) in the S&P 500 respectively, and Lincoln National and Newell Brands will replace UNIQURE N.V. (NASD:QURE) and Universal Insurance Holdings Inc. (NYSE:UVE) respectively in the S&P SmallCap 600.
- S&P 500 constituent Deere & Co. (NYSE:DE) will replace Walgreens Boots Alliance Inc. (NASD:WBA) in the S&P 100. Walgreens Boots Alliance is no longer representative of the mega-cap market space. Walgreens Boots Alliance will remain in the S&P 500.
- Permian Resources Corp. (NYSE:PR), Gaming and Leisure Properties Inc. (NASD:GLPI), GoDaddy Inc. (NYSE:GDDY), Morningstar Inc. (NASD:MORN), Ally Financial Inc. (NYSE:ALLY), Vistra Corp. (NYSE:VST), Vail Resorts Inc. (NYSE:MTN), Sensata Technologies Holding plc (NYSE:ST), Weatherford International plc (NASD:WFRD) and Fidelity National Financial Inc. (NYSE:FNF) will replace Omnicell Inc. (NASD:OMCL), Papa John’s International Inc. (NASD:PZZA), Sensient Technologies Corp. (NYSE:SXT), Cathay General Bancorp (NASD:CATY), Energizer Holdings Inc. (NYSE:ENR), Xerox Holdings Corp. (NASD:XRX), Highwoods Properties Inc. (NYSE:HIW), Tripadvisor Inc. (NASD:TRIP), JetBlue Airways Corp. (NASD:JBLU), and Foot Locker Inc. (NYSE:FL) respectively in the S&P MidCap 400. The constituents being removed from the S&P MidCap 400 will be added to the S&P SmallCap 600 replacing Trinseo plc (NYSE:TSE), The Aaron’s Company Inc. (NYSE:AAN), NETGEAR Inc. (NASD:NTGR), Coherus Biosciences Inc. (NASD:CHRS), 8X8 Inc. (NASD:EGHT), Office Properties Income Trust (NASD:OPI), AngioDynamics Inc. (NASD:ANGO), Vanda Pharmaceuticals Inc. (NASD:VNDA), Orion Office REIT Inc. (NYSE:ONL), and Enanta Pharmaceuticals (NASD:ENTA) respectively.
- Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI), Blackstone Mortgage Trust Inc. (NYSE:BXMT), Liberty Energy Inc. (NYSE:LBRT), Premier Inc. (NASD:PINC) and Apple Hospitality REIT Inc. (NYSE:APLE) will replace FutureFuel Corp. (NYSE:FF), RE/MAX Holdings Inc. (NYSE:RMAX), Zynex Inc. (NASD:ZYXI), Anika Therapeutics Inc. (NASD:ANIK) and Computer Programs and Systems Inc. (NASD:CPSI) respectively in the S&P SmallCap 600.
- RBC Bearings Inc. (NYSE:RBC) will replace Hawaiian Electric Industries Inc. (NYSE:HE) in the S&P MidCap 400. Hawaiian Electric Industries is no longer representative of the mid-cap market space.
Source: Investing.com