NEW YORK, Aug. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400:
- Penske Automotive Group Inc. (NYSE: PAG) will replace Univar Solutions Inc. (NYSE: UNVR) in the S&P MidCap 400 effective prior to the opening of trading on Friday, August 4. Apollo Global Management Inc. (NYSE: APO) acquired Univar Solutions in a deal that closed today.
- Erie Indemnity Co. (NASD: ERIE) will replace PDC Energy Inc. (NASD: PDCE) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, August 8. S&P 500 & 100 constituent Chevron Corp. (NYSE: CVX) is acquiring PDC Energy in a deal expected to be completed 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
|
|
August 4, 2023
|
S&P MidCap 400
|
Addition
|
Penske Automotive Group
|
PAG
|
Consumer Discretionary
|
|
S&P MidCap 400
|
Deletion
|
Univar Solutions
|
UNVR
|
Industrials
|
|
August 8, 2023
|
S&P MidCap 400
|
Addition
|
Erie Indemnity
|
ERIE
|
Financials
|
|
S&P MidCap 400
|
Deletion
|
PDC Energy
|
PDCE
|
Energy
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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SOURCE S&P Dow Jones Indices
