NEW YORK, Feb. 15, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Old National Bancorp (NASD:ONB) will replace Urban Edge Properties (NYSE:UE) in the S&P MidCap 400, Urban Edge Properties will replace Old National Bancorp in the S&P SmallCap 600, and Corsair Gaming Inc. (NASD:CRSR) will replace First Midwest Bancorp Inc. (NASD:FMBI) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, February 18. Old National Bancorp is acquiring First Midwest Bancorp in a transaction expected to be completed on or about February 16. Post-merger, Old National Bancorp will be more representative of the mid-cap market space. Urban Edge Properties 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
|
|
February 18, 2022
|
S&P MidCap 400
|
Addition
|
Old National Bancorp
|
ONB
|
Financials
|
|
S&P MidCap 400
|
Deletion
|
Urban Edge Properties
|
UE
|
Real Estate
|
|
S&P SmallCap 600
|
Addition
|
Urban Edge Properties
|
UE
|
Real Estate
|
|
S&P SmallCap 600
|
Addition
|
Corsair Gaming
|
CRSR
|
Information
Technology
|
|
S&P SmallCap 600
|
Deletion
|
Old National Bancorp
|
ONB
|
Financials
|
|
S&P SmallCap 600
|
Deletion
|
First Midwest Bancorp
|
FMBI
|
Financials
|
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SOURCE S&P Dow Jones Indices
