MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600
PR Newswire
NEW YORK, Nov. 5, 2020
NEW YORK , Nov. 5, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and SmallCap 600 effective prior to the opening of trading on Friday, November 13 :
- First Bancorp (NASD:FBNC) will replace AMAG Pharmaceuticals Inc. (NASD:AMAG) in the S&P SmallCap 600. Covis Group is acquiring AMAG Pharmaceuticals in a deal expected to be completed soon pending final conditions.
- MGIC Investment Corp. (NYSE:MTG) will replace The Geo Group Inc. (NYSE:GEO) in the S&P MidCap 400, and The Geo Group will replace Gulfport Energy Corp. (NASD:GPOR) in the S&P SmallCap 600. Halozyme Therapeutics Inc.(NASD:HALO) will replace Mednax Inc. (NYSE:MD) in the S&P MidCap 400, and Mednax will replace Washington Prime Group Inc. (NYSE:WPG) in the S&P SmallCap 600. The GEO Group and Mednax are more representative of the small-cap market space. Gulfport Energy and Washington Prime Group 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:
|
Effective Date
|
Index Name
|
Action
|
Company Name
|
Ticker
|
GICS Sector
|
|
November 13, 2020
|
S&P MidCap 400
|
Addition
|
MGIC Investment
|
MTG
|
Financials
|
|
S&P MidCap 400
|
Addition
|
Halozyme Therapeutics
|
HALO
|
Health Care
|
|
S&P MidCap 400
|
Deletion
|
Geo Group
|
GEO
|
Real Estate
|
|
S&P MidCap 400
|
Deletion
|
Mednax
|
MD
|
Health Care
|
|
S&P SmallCap 600
|
Addition
|
First Bancorp
|
FBNC
|
Financials
|
|
S&P SmallCap 600
|
Addition
|
Geo Group
|
GEO
|
Real Estate
|
|
S&P SmallCap 600
|
Addition
|
Mednax
|
MD
|
Health Care
|
|
S&P SmallCap 600
|
Deletion
|
AMAG Pharmaceuticals
|
AMAG
|
Health Care
|
|
S&P SmallCap 600
|
Deletion
|
Gulfport Energy
|
GPOR
|
Energy
|
|
S&P SmallCap 600
|
Deletion
|
Washington Prime Group
|
WPG
|
Real Estate
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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SOURCE S&P Dow Jones Indices
