PTC Set to Join S&P 500; Lattice Semiconductor & Progyny to Join S&P MidCap 400; Domtar to Join S&P SmallCap 600
PR Newswire
NEW YORK , April 15, 2021 /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 effective prior to the open of trading on Tuesday, April 20 :
- S&P MidCap 400 constituent PTC Inc. (NASD:PTC) will replace Varian Medical Systems Inc. (NYSE:VAR) in the S&P 500, and Lattice Semiconductor Co. (NASD:LSCC) will replace PTC in the S&P MidCap 400. Siemens Healthineers AG (XETR: SHL) acquired Varian Medical Systems Inc. in a deal that closed today, April 15 .
- Progyny Inc. (NASD:PGNY) will replace Domtar Corp. (NYSE:UFS) in the S&P MidCap 400, and Domtar will replace NIC Inc. (NASD:EGOV) in the S&P SmallCap 600. S&P 500 constituent Tyler Technologies Inc. (NYSE:TYL) is acquiring NIC in a deal expected to close soon pending final conditions. Domtar has a market capitalization more 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
|
|
April 20, 2021
|
S&P 500
|
Addition
|
PTC
|
PTC
|
Information Technology
|
|
S&P 500
|
Deletion
|
Varian Medical Systems
|
VAR
|
Health Care
|
|
S&P MidCap 400
|
Addition
|
Lattice Semiconductor
|
LSCC
|
Information Technology
|
|
S&P MidCap 400
|
Addition
|
Progyny
|
PGNY
|
Health Care
|
|
S&P MidCap 400
|
Deletion
|
PTC
|
PTC
|
Information Technology
|
|
S&P MidCap 400
|
Deletion
|
Domtar
|
UFS
|
Materials
|
|
S&P SmallCap 600
|
Addition
|
Domtar
|
UFS
|
Materials
|
|
S&P SmallCap 600
|
Deletion
|
NIC
|
EGOV
|
Information Technology
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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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.
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SOURCE S&P Dow Jones Indices
