NEW YORK, Nov. 26, 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 prior to the open of
trading on Monday, December 3:
- S&P MidCap 400 constituent Lamb Weston Holdings Inc. (NYSE:LW) will replace Rockwell Collins Inc. (NYSE:COL) in the
S&P 500, S&P SmallCap 600 constituent CACI International Inc. (NASD:CACI) will replace Lamb Weston Holdings in the
S&P MidCap 400, and Addus HomeCare Corp. (NASD:ADUS) will replace CACI International in the S&P SmallCap 600. S&P
500 & 100 constituent United Technologies Corp. (NYSE: UTX) is acquiring Rockwell Collins in a deal expected to close
tonight pending final conditions.
- Maxim Integrated Products Inc. (NASD:MXIM) will replace Aetna Inc. (NYSE:AET) in the S&P 500. S&P 500 & 100
constituent CVS Health Corp. (NYSE:CVS) is acquiring Aetna in a deal expected to close on November
28 pending final conditions.
- Diamondback Energy Inc. (NASD:FANG) will replace Stericycle Inc. (NASD:SRCL) in the S&P 500, and Stericycle will
replace Energen Corp. (NYSE:EGN) in the S&P MidCap 400. Diamondback Energy is acquiring Energen in a deal expected to be
completed soon pending final approvals. Stericycle is ranked near the bottom of the S&P 500 and has a market capitalization
more appropriate for the mid-cap market space.
- Pebblebrook Hotel Trust (NYSE:PEB) will replace LaSalle Hotel Properties (NYSE:LHO) in the S&P MidCap 400. Pebblebrook
Hotel Trust is acquiring LaSalle Hotel Properties in a deal expected to be completed soon pending final approvals.
Lamb Weston Holdings produces, distributes, and markets value-added frozen potato products. Headquartered in Eagle, ID, the company will be added to the S&P 500 GICS (Global Industry Classification Standard)
Packaged Foods & Meats Sub-Industry index.
CACI International provides information solutions and services. Headquartered in Arlington,
VA, the company will be added to the S&P MidCap 400 GICS IT Consulting & Other Services Sub-Industry index.
Addus HomeCare provides personal care services to elderly, chronically ill, disabled persons,
and individuals who are at risk of hospitalization or institutionalization. Headquartered in Frisco,
TX, the company will be added to the S&P SmallCap 600 GICS Health Care Services Sub-Industry index.
Maxim Integrated Products designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits.
Headquartered in San Jose, CA, the company will be added to the S&P 500 GICS Semiconductors
Sub-Industry index.
Diamondback Energy is an independent oil and natural gas company. Headquartered in Midland,
TX, the company will be added to the S&P 500 GICS Oil & Gas Exploration & Production Sub-Industry index.
Stericycle provides regulated and compliance solutions to the healthcare, retail, and commercial businesses. Headquartered in
Lake Forest, IL, the company will be added to the S&P MidCap 400 GICS Environmental &
Facilities Services Sub-Industry index.
Pebblebrook Hotel Trust is a real estate investment trust (REIT) organized to acquire and invest primarily in upper upscale,
full-service hotels located in urban markets in major gateway cities. Headquartered in Bethesda,
MD, the company will be added to the S&P MidCap 400 GICS Hotel & Resorts REITs Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX – DECEMBER 3, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Lamb Weston Holdings
|
Consumer Staples
|
Packaged Foods & Meats
|
|
Maxim Integrated Products
|
Information Technology
|
Semiconductors
|
|
Diamondback Energy
|
Energy
|
Oil & Gas Exploration & Production
|
|
DELETED
|
Rockwell Collins
|
Industrials
|
Aerospace & Defense
|
|
Aetna
|
Health Care
|
Managed Health Care
|
|
Stericycle
|
Industrials
|
Environmental & Facilities Services
|
|
S&P MIDCAP 400 INDEX – DECEMBER 3, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
CACI International
|
Information Technology
|
IT Consulting & Other Services
|
|
Stericycle
|
Industrials
|
Environmental & Facilities Services
|
|
Pebblebrook Hotel Trust
|
Real Estate
|
Hotel & Resorts REITs
|
|
DELETED
|
Lamb Weston Holdings
|
Consumer Staples
|
Packaged Foods & Meats
|
|
Energen
|
Energy
|
Oil & Gas Exploration & Production
|
|
LaSalle Hotel Properties
|
Real Estate
|
Hotel & Resort REITs
|
|
S&P SMALLCAP 600 INDEX – DECMEBER 3, 2018
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Addus HomeCare
|
Health Care
|
Health Care Services
|
|
DELETED
|
CACI International
|
Information Technology
|
IT Consulting & Other Services
|
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