NEW YORK, Oct. 4, 2018 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600:
- S&P MidCap 400 constituent Fortinet Inc. (NASD: FTNT) will replace Envision Healthcare Corp. (NYSE: EVHC) in the
S&P 500, S&P SmallCap 600 constituent ASGN Inc. (NYSE: ASGN) will replace Fortinet in the S&P MidCap 400, and
Veritex Holdings Inc. (NASD: VBTX) will replace ASGN in the S&P SmallCap 600 prior to the open of trading on Thursday, October 11. KKR & Co. Inc. (NYSE: KKR) is acquiring Envision Healthcare in a deal expected to
close on or about that date pending final conditions.
- S&P SmallCap 600 constituent Penn National Gaming Inc. (NASD: PENN) will replace Convergys Corp. (NYSE: CVG) in the
S&P MidCap 400, and The Chefs' Warehouse Inc. (NASD: CHEF) will replace Penn National Gaming in the S&P SmallCap 600
effective prior to the open of trading on Wednesday, October 10. S&P MidCap 400 constituent
SYNNEX Corp. (NYSE: SNX) is acquiring Convergys in a deal expected to close on October 5.
Fortinet provides broad, automated, and integrated cybersecurity solutions. Headquartered in Sunnyvale, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard)
Systems Software Sub-Industry index.
ASGN provides information technology and professional services in the technology, creative/digital, engineering, and life
sciences fields. Headquartered in Calabasas, CA, the company will be added to the S&P MidCap
400 GICS Human Resource & Employment Services Sub-Industry index.
Veritex Holdings provides various commercial banking products and services. Headquartered in Dallas,
TX, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Penn National Gaming owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot
machine entertainment. Headquartered in Wyomissing, PA, the company will be added to the S&P
MidCap 400 GICS Casinos & Gaming Sub-Industry index.
The Chefs' Warehouse distributes specialty food products. Headquartered in Ridgefield, CT,
the company will be added to the S&P SmallCap 600 GICS Food Distributors Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – OCTOBER 10, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
ADDED
|
Penn National Gaming
|
Consumer Discretionary
|
Casinos & Gaming
|
DELETED
|
Convergys
|
Information Technology
|
Data Processing & Outsourced Services
|
S&P SMALLCAP 600 INDEX – OCTOBER 10, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
ADDED
|
The Chefs' Warehouse
|
Consumer Staples
|
Food Distributors
|
DELETED
|
Penn National Gaming
|
Consumer Discretionary
|
Casinos & Gaming
|
S&P 500 INDEX – OCTOBER 11, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
ADDED
|
Fortinet
|
Information Technology
|
Systems Software
|
DELETED
|
Envision Healthcare
|
Health Care
|
Health Care Services
|
S&P MIDCAP 400 INDEX – OCTOBER 11, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
ADDED
|
ASGN
|
Industrials
|
Human Resource & Employment Services
|
DELETED
|
Fortinet
|
Information Technology
|
Systems Software
|
S&P SMALLCAP 600 INDEX – OCTOBER 11, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
ADDED
|
Veritex Holdings
|
Financials
|
Regional Banks
|
DELETED
|
ASGN
|
Industrials
|
Human Resource & Employment Services
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
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