NEW
YORK, Dec. 2,
2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P
DJI") will make the following changes to the S&P MidCap 400 and
S&P SmallCap 600 indices effective prior to the open of trading
on Monday, December 19 to coincide
with the quarterly rebalance:
- Allegro Microsystems Inc. (NASD:ALGM) and CubeSmart (NYSE:CUBE)
will replace Semtech Corp. (NASD: SMTC) and NuVasive Inc. (NASD:
NUVA) respectively in the S&P MidCap 400. Semtech and NuVasive
will replace Diversified Healthcare Trust (NASD:DHC) and Tupperware
Brands Corp. (NYSE:TUP) respectively in the S&P SmallCap
600.
- Agiliti Inc. (NYSE:AGTI), SJW Group (NYSE:SJW) and Cushman
& Wakefield plc (NYSE:CWK) will replace LL Flooring Holdings
Inc. (NYSE:LL), The Cato Corp. (NYSE:CATO) and Diebold Nixdorf Inc.
(NYSE:DBD) respectively in the S&P SmallCap 600.
The changes are being made to ensure each index is more
representative of its market capitalization range. All companies
moving to the S&P MidCap 400 are more representative of the
mid-cap market space, and all companies moving to the S&P
SmallCap 600 are more representative of the small-cap market space.
The companies being discretionarily removed from the S&P
SmallCap 600 are 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. 19,
2022
|
S&P MidCap
400
|
Addition
|
Allegro
Microsystems
|
ALGM
|
Information
Technology
|
|
S&P MidCap
400
|
Addition
|
CubeSmart
|
CUBE
|
Real Estate
|
|
S&P MidCap
400
|
Deletion
|
Semtech
|
SMTC
|
Information
Technology
|
|
S&P MidCap
400
|
Deletion
|
NuVasive
|
NUVA
|
Health Care
|
|
S&P SmallCap
600
|
Addition
|
Semtech
|
SMTC
|
Information
Technology
|
|
S&P SmallCap
600
|
Addition
|
NuVasive
|
NUVA
|
Health Care
|
|
S&P SmallCap
600
|
Addition
|
Agiliti
|
AGTI
|
Health Care
|
|
S&P SmallCap
600
|
Addition
|
SJW Group
|
SJW
|
Utilities
|
|
S&P SmallCap
600
|
Addition
|
Cushman &
Wakefield
|
CWK
|
Real Estate
|
|
S&P SmallCap
600
|
Deletion
|
Diversified Healthcare
Trust
|
DHC
|
Real Estate
|
|
S&P SmallCap
600
|
Deletion
|
Tupperware
Brands
|
TUP
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Deletion
|
LL Flooring
Holdings
|
LL
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Deletion
|
Cato
|
CATO
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Deletion
|
Diebold
Nixdorf
|
DBD
|
Information
Technology
|
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:
S&P Dow Jones
Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
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SOURCE S&P Dow Jones Indices
