NEW YORK, June 8, 2018 /PRNewswire/ -- S&P Dow Jones
Indices will make the following index adjustments to the S&P
500, S&P MidCap 400 and S&P SmallCap 600 to ensure each
index more appropriately represents its market capitalization
range. All companies moving to the S&P 500 have total market
capitalizations above $13 billion.
All companies moving to the S&P MidCap 400 and S&P SmallCap
600 are more appropriate for those indices. The changes will be
effective prior to the open of trading on Monday, June 18 to coincide with the June
rebalance.
S&P MidCap 400 constituents
HollyFrontier Corp. (NYSE: HFC) and Broadridge Financial Solutions
Inc. (NYSE: BR) will switch places with Acuity Brands Inc. (NYSE:
AYI) and Range Resources Corp. (NYSE: RRC) respectively in the
S&P 500. S&P SmallCap 600 constituents Chemed Corp. (NYSE:
CHE) and Haemonetics Corp. (NYSE: HAE) will switch places with Endo
International plc (NASD: ENDP) and Cooper Tire & Rubber Co.
(NYSE: CTB) respectively in the S&P MidCap 400.
Franklin Financial Network Inc.
(NYSE: FSB) will replace The Finish Line Inc. (NASD: FINL) in the
S&P SmallCap 600 effective prior to the open on Monday, June 18. JD Sports Fashion Plc is
acquiring The Finish Line in a deal expected to be completed on or
about that date pending final approvals.
HollyFrontier operates as an independent petroleum
refiner. Headquartered in Dallas,
TX, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Oil & Gas Refining
& Marketing Sub-Industry index.
Broadridge Financial Solutions provides investor communications
and technology-driven solutions for the financial services
industry. Headquartered in Lake
Success, NY, the company will be added to the S&P 500
GICS Data Processing & Outsourced Services Sub-Industry
index.
Acuity Brands provides lighting and building management
solutions and services for commercial, institutional, industrial,
infrastructure, and residential applications. Headquartered
in Atlanta, GA, the company will
be added to the S&P MidCap 400 GICS Electrical Components &
Equipment Sub-Industry index.
Range Resources operates as an independent natural gas, natural
gas liquids and oil company. Headquartered in Fort Worth, TX, the company will be added to
the S&P MidCap 400 GICS Oil & Gas Exploration &
Production Sub-Industry index.
Chemed provides hospice and palliative care services.
Headquartered in Cincinnati, OH,
the company will be added to the S&P MidCap 400 GICS Health
Care Services Sub-Industry index.
Haemonetics provides hematology products and solutions.
Headquartered in Braintree, MA,
the company will be added to the S&P MidCap 400 GICS Health
Care Supplies Sub-Industry index.
Endo International manufactures and sells generic and branded
pharmaceuticals. Headquartered in Dublin,
Ireland the company will be added to the S&P SmallCap
600 GICS Pharmaceuticals Sub-Industry index.
Cooper Tire & Rubber designs, manufactures, and markets
replacement tires. Headquartered in Findlay, OH, the company will be added to the
S&P SmallCap 600 GICS Tires & Rubber Sub-Industry
index.
Franklin Financial Network provides banking and related
financial services. Headquartered in Franklin, TN, the company will be added to the
S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– June 18, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
HollyFrontier
|
Energy
|
Oil & Gas
Refining &
Marketing
|
|
Broadridge
Financial
Solutions
|
Information
Technology
|
Data Processing
&
Outsourced Services
|
DELETED
|
Acuity
Brands
|
Industrials
|
Electrical
Components
& Equipment
|
|
Range
Resources
|
Energy
|
Oil & Gas
Exploration &
Production
|
S&P MIDCAP 400
INDEX – June 18, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Acuity
Brands
|
Industrials
|
Electrical
Components
& Equipment
|
|
Range
Resources
|
Energy
|
Oil & Gas
Exploration
& Production
|
|
Chemed
|
Health
Care
|
Health Care
Services
|
|
Haemonetics
|
Health
Care
|
Health Care
Supplies
|
DELETED
|
HollyFrontier
|
Energy
|
Oil & Gas
Refining &
Marketing
|
|
Broadridge
Financial
Solutions
|
Information
Technology
|
Data Processing
&
Outsourced Services
|
|
Endo
International
|
Health
Care
|
Pharmaceuticals
|
|
Cooper Tire &
Rubber
|
Consumer
Discretionary
|
Tires &
Rubber
|
S&P SMALLCAP
600 INDEX – June 18, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Endo
International
|
Health
Care
|
Pharmaceuticals
|
|
Cooper Tire &
Rubber
|
Consumer
Discretionary
|
Tires &
Rubber
|
|
Franklin
Financial
Network
|
Financials
|
Regional
Banks
|
DELETED
|
Chemed
|
Health
Care
|
Health Care
Services
|
|
Haemonetics
|
Health
Care
|
Health Care
Supplies
|
|
The Finish
Line
|
Consumer
Discretionary
|
Apparel
Retail
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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David Blitzer
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New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
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