NEW YORK, Oct. 13, 2022 /PRNewswire/ -- Westlake Corp. (NYSE:WLK) will replace MillerKnoll Inc. (NASD:MLKN) in the S&P MidCap 400, and MillerKnoll will replace Covetrus Inc. (NASD:CVET) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 18. Clayton, Dubilier & Rice and TPG Capital acquired Covetrus in a deal that closed today. MillerKnoll 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
|
October 18, 2022
|
S&P MidCap 400
|
Addition
|
Westlake
|
WLK
|
Materials
|
|
S&P MidCap 400
|
Deletion
|
MillerKnoll
|
MLKN
|
Industrials
|
|
S&P SmallCap 600
|
Addition
|
MillerKnoll
|
MLKN
|
Industrials
|
|
S&P SmallCap 600
|
Deletion
|
Covetrus
|
CVET
|
Health Care
|
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SOURCE S&P Dow Jones Indices