NEW YORK, May 18, 2020 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500,
the S&P MidCap 400 and S&P SmallCap 600 effective prior to
the open of trading on Friday, May
22:
- S&P MidCap 400 constituent West Pharmaceutical Services
Inc. (NYSE: WST) will replace Helmerich & Payne Inc. (NYSE: HP)
in the S&P 500, Helmerich & Payne will replace J.C. Penney
Company Inc. (NYSE: JCP) in the S&P SmallCap 600, and
Physicians Realty Trust (NYSE: DOC) will replace West
Pharmaceutical Services in the S&P MidCap 400. J.C. Penney
filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code
and is no longer eligible for continued inclusion in the S&P
SmallCap 600. Helmerich & Payne has a market capitalization
that is more representative of the small-cap market space.
West Pharmaceutical Services manufactures and sells
containment and delivery systems for injectable drugs and
healthcare products. Headquartered in Exton, PA, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard) Health
Care Supplies Sub-Industry index.
Helmerich & Payne engages in drilling oil and gas wells
for exploration and production companies. Headquartered in
Tulsa, OK, the company will be
added to the S&P SmallCap 600 GICS Oil & Gas Drilling
Sub-Industry index.
Physicians Realty Trust, organized as a real estate investment
trust (REIT), acquires, develops, owns and manages healthcare
properties that are leased to physicians, hospitals and healthcare
delivery systems. Headquartered in Milwaukee, WI, the company will be added to
the S&P MidCap 400 GICS Health Care REITs Sub-Industry
index.
Following is a summary of the changes:
|
S&P 500 INDEX
– May 22, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
West
Pharmaceutical
Services
|
Health
Care
|
Health Care
Supplies
|
|
DELETED
|
Helmerich &
Payne
|
Energy
|
Oil & Gas
Drilling
|
|
S&P MIDCAP 400
INDEX – May 22, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Physicians Realty
Trust
|
Real
Estate
|
Health Care
REITs
|
|
DELETED
|
West
Pharmaceutical
Services
|
Health
Care
|
Health Care
Supplies
|
|
S&P SMALLCAP
600 INDEX – May 22, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Helmerich &
Payne
|
Energy
|
Oil & Gas
Drilling
|
|
DELETED
|
J.C.
Penney
|
Consumer
Discretionary
|
Department
Stores
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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SOURCE S&P Dow Jones Indices