NEW YORK, March 15, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- CVR Energy Inc. (NYSE: CVI) will replace Atlas Air Worldwide Holdings Inc. (NASD: AAWW) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, March 21. Apollo Global Management Inc. (NYSE: APO) is acquiring Atlas Air Worldwide Holdings in a transaction expected to close soon pending final conditions.
- S&P SmallCap 600 constituent Exponent Inc. (NASD: EXPO) will replace IAA Inc. (NYSE: IAA) in the S&P MidCap 400, and Certara Inc. (NASD: CERT) will replace Exponent in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, March 22. Ritchie Bros. Auctioneers Inc. (TSX/NYSE: RBA) is acquiring IAA in a transaction expected to close 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
|
|
March 21, 2023
|
S&P SmallCap 600
|
Addition
|
CVR Energy
|
CVI
|
Energy
|
|
S&P SmallCap 600
|
Deletion
|
Atlas Air Worldwide Holdings
|
AAWW
|
Industrials
|
|
March 22, 2023
|
S&P MidCap 400
|
Addition
|
Exponent
|
EXPO
|
Industrials
|
|
S&P MidCap 400
|
Deletion
|
IAA
|
IAA
|
Industrials
|
|
S&P SmallCap 600
|
Addition
|
Certara
|
CERT
|
Health Care
|
|
S&P SmallCap 600
|
Deletion
|
Exponent
|
EXPO
|
Industrials
|
|
|
|
|
|
|
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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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.
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SOURCE S&P Dow Jones Indices
