NEW YORK, Feb. 28, 2017 /PRNewswire/ -- William Lyon
Homes (NYSE:WLH) will replace Arctic Cat Inc. (NASD:ACAT) in the
S&P SmallCap 600 effective prior to the open on Monday, March 6. S&P 500 constituent Textron
Inc. (NYSE:TXT) is acquiring Arctic Cat in a deal expected to be
completed soon pending final closing conditions.
William Lyon Homes designs,
constructs, markets, and sells single-family detached and attached
homes. Headquartered in Newport Beach,
CA, the company will be added to the S&P SmallCap 600
GICS (Global Industry Classification Standard) Homebuilding
Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP
600 INDEX – March 6, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
William Lyon
Homes
|
Consumer
Discretionary
|
Homebuilding
|
DELETED
|
Arctic Cat
|
Consumer
Discretionary
|
Leisure
Products
|
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SOURCE S&P Dow Jones Indices