NEW YORK, Oct. 18, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Kite Realty Group Trust (NYSE:KRG) will replace LendingTree Inc. (NASD:TREE) in the S&P MidCap 400, LendingTree will replace Kite Realty Group Trust in the S&P SmallCap 600, and Harmony Biosciences Holdings Inc. (NASD:HRMY) will replace Retail Properties of America Inc. (NYSE:RPAI) in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 22. Kite Realty Group Trust is acquiring Retail Properties of America in a deal expected to close soon pending final closing conditions. LendingTree has a market capitalization that is 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
|
|
Oct 22, 2021
|
S&P MidCap 400
|
Addition
|
Kite Realty Group Trust
|
KRG
|
Real Estate
|
|
|
Deletion
|
LendingTree
|
TREE
|
Financials
|
|
S&P SmallCap 600
|
Addition
|
Harmony Biosciences
|
HRMY
|
Health Care
|
|
|
Addition
|
LendingTree
|
TREE
|
Financials
|
|
|
Deletion
|
Retail Properties of America
|
RPAI
|
Real Estate
|
|
|
Deletion
|
Kite Realty Group Trust
|
KRG
|
Real Estate
|
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View original content:https://www.prnewswire.com/news-releases/kite-realty-group-trust-set-to-join-sp-midcap-400-harmony-biosciences-holdings--lendingtree-to-join-sp-smallcap-600-301402782.html
SOURCE S&P Dow Jones Indices
