Genpact Set to Join S&P MidCap 400; Unitil & Genworth Financial to Join S&P SmallCap 600
PR Newswire
NEW YORK , April 27, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Monday, May 3 :
- Genpact Limited (NYSE:G) will replace Genworth Financial Inc. (NYSE:GNW) in the S&P MidCap 400, and Genworth Financial will replace Glu Mobile Inc. (NASD:GLUU) in the S&P SmallCap 600. S&P 500 constituent Electronic Arts Inc. (NASD: EA) is acquiring Glu Mobile in a deal expected to be completed soon pending final conditions. Genworth Financial is more representative of the small-cap market space.
- Unitil Corp. (NYSE:UTL) will replace Waddell & Reed Financial Inc. (NYSE:WDR) in the S&P SmallCap 600. Macquarie Group is acquiring Waddell & Reed Financial in a deal expected to be completed soon pending final conditions.
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
|
|
May 3, 2021
|
S&P MidCap 400
|
Addition
|
Genpact
|
G
|
Information Technology
|
|
S&P MidCap 400
|
Deletion
|
Genworth Financial
|
GNW
|
Financials
|
|
S&P SmallCap 600
|
Addition
|
Unitil
|
UTL
|
Utilities
|
|
S&P SmallCap 600
|
Addition
|
Genworth Financial
|
GNW
|
Financials
|
|
S&P SmallCap 600
|
Deletion
|
Waddell & Reed Financial
|
WDR
|
Financials
|
|
S&P SmallCap 600
|
Deletion
|
Glu Mobile
|
GLUU
|
Communication Services
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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SOURCE S&P Dow Jones Indices
