CoStar Group, Invitation Homes Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600
PR Newswire
NEW YORK
,
Sept. 2, 2022
/PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on
Monday, September 19
to coincide with the quarterly rebalance:
-
Advanced Micro Devices Inc. (NASD:AMD) will replace DuPont de Nemours Inc. (NYSE:DD) in the S&P 100. Dupont de Neumors is no longer representative of the mega-capitalization market space. It will remain in the S&P 500.
-
The following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 are being made to ensure each index is more representative of its market capitalization range:
CoStar
Group Inc. (
NASD
:
CSGP
) and Invitation Homes Inc. (NYSE:
INVH
) will replace
PVH
Corp. (NYSE:
PVH
) and PENN Entertainment Inc. (
NASD
: PENN) respectively in the S&
P
500.
PVH
and PENN Entertainment will replace Hudson Pacific Properties Inc. (NYSE:
HPP
) and Mercury General Corp. (NYSE:
MCY
) respectively in the S&
P MidCap
400. Hudson Pacific Properties and
Mercury General
will replace American Public Education Inc (
NASD
:
APEI
) and
eHealth
Inc. (
NASD
:
EHTH
) respectively in the S&
P SmallCap
600.
Dynatrace
Inc. (NYSE:DT) and
Annaly
Capital Management Inc. (NYSE:
NLY
) will replace American Eagle Outfitters Inc. (NYSE:
AEO
) and Minerals Technologies Inc. (NYSE:
MTX
) respectively in the S&
P MidCap
400. American Eagle Outfitters and Minerals Technologies will replace
CalAmp
Corp. (
NASD
:CAMP) and Glatfelter Corp. (NYSE:
GLT
) respectively in the S&
P SmallCap
600.
Outfront
Media Inc. (NYSE:OUT) will replace Fossil Group Inc. (
NASD
:
FOSL
) in the S&
P SmallCap
600.
All companies moving from the S&P
500 to the S&
P MidCap
400 are more representative of the mid-cap market space, and all companies moving from the S&
P MidCap
400 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:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
[email protected]
Media Inquiries
[email protected]
View original content:
https://www.prnewswire.com/news-releases/costar-group-invitation-homes-set-to-join-sp-500-others-to-join-sp-100-sp-midcap-400-and-sp-smallcap-600-301617352.html
SOURCE S&P Dow Jones Indices
Featured image: Megapixl © Alexandersikov
