Targa Resources & Envestnet Set to Join S&P MidCap 400
PR Newswire
NEW YORK , June 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 effective prior to the opening of trading on Wednesday, June 9 :
- Targa Resources Corp. (NYSE:TRGP) will replace CoreLogic Inc. (NYSE:CLGX). Stone Point Capital and Insight Partners are acquiring CoreLogic in a deal expected to be completed soon pending final closing conditions.
- Envestnet Inc. (NYSE:ENV) will replace TCF Financial Corp. (NASD:TCF). S&P 500 constituent Huntington Bancshares Inc. (NASD:HBAN) is acquiring TCF Financial in a deal expected to be completed soon pending final closing 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
|
June 9, 2021
|
S&P MidCap 400
|
Addition
|
Targa Resources
|
TRGP
|
Energy
|
|
|
Addition
|
Envestnet
|
ENV
|
Information Technology
|
|
|
Deletion
|
CoreLogic
|
CLGX
|
Industrials
|
|
|
Deletion
|
TCF Financial
|
TCF
|
Financials
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
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.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com .
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
View original content: http://www.prnewswire.com/news-releases/targa-resources--envestnet-set-to-join-sp-midcap-400-301305692.html
SOURCE S&P Dow Jones Indices