NEW YORK, Jan. 31, 2020 /PRNewswire/ -- Taylor Morrison Home Corp. (NYSE: TMHC) will replace Green Dot Corp. (NYSE: GDOT) in the S&P MidCap 400, and Green Dot will replace William Lyon Homes (NYSE: WLH) in the S&P SmallCap 600 prior to the open of trading on Thursday, February 6. Taylor Morrison Home is acquiring William Lyon Homes in a transaction expected to be completed soon pending final conditions.
Taylor Morrison Home operates as a public homebuilder. Headquartered in Scottsdale, AZ, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Homebuilding Sub-Industry index.
Green Dot operates as a financial technology and bank holding company. Headquartered in Pasadena, CA, the company will be added to the S&P SmallCap 600 GICS Consumer Finance Sub-Industry index.
Following is a summary of the changes:
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S&P MIDCAP 400 INDEX – February 6, 2020
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COMPANY
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GICS ECONOMIC SECTOR
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GICS SUB-INDUSTRY
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ADDED
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Taylor Morrison Home
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Consumer Discretionary
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Homebuilding
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DELETED
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Green Dot
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Financials
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Consumer Finance
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S&P SMALLCAP 600 INDEX – February 6, 2020
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|
COMPANY
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GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
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|
ADDED
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Green Dot
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Financials
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Consumer Finance
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DELETED
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William Lyon Homes
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Consumer Discretionary
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Homebuilding
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