NEW YORK, Nov. 8, 2023 /PRNewswire/ -- Core & Main Inc. (NYSE:CNM) will replace ACI Worldwide Inc. (NASD:ACIW) in the S&P MidCap 400, and ACI Worldwide will replace NextGen Healthcare Inc. (NASD:NXGN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 13. Thoma Bravo is acquiring NextGen Healthcare in a deal expected to be completed soon, pending final closing conditions. ACI Worldwide is more 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

November 13, 2023

S&P MidCap 400

Addition

Core & Main

CNM

Industrials


S&P MidCap 400

Deletion

ACI Worldwide

ACIW

Information Technology


S&P SmallCap 600

Addition

ACI Worldwide

ACIW

Information Technology


S&P SmallCap 600

Deletion

NextGen Healthcare

NXGN

Health Care

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