NEW YORK, June 29, 2016 /PRNewswire/ -- S&P MidCap 400
constituent Alliant Energy Corp. (NYSE: LNT) will replace AGL
Resources Inc. (NYSE: GAS) in the S&P 500, S&P SmallCap 600
constituent Southwest Gas Corp. (NYSE: SWX) will replace Alliant
Energy in the S&P MidCap 400, and Shutterstock Inc. (NYSE:
SSTK) will replace Southwest Gas in the S&P SmallCap 600 after
the close of trading on Thursday, June
30. S&P 100 & 500 constituent Southern Co. (NYSE:
SO) is acquiring AGL Resources in a deal expected to be completed
soon, pending final conditions.
Alliant Energy provides regulated electricity and natural gas
services to residential, commercial, industrial, and wholesale
customers. Headquartered in Madison,
WI, the company will be added to the S&P 500 GICS
(Global Industry Classification Standard) Electric Utilities
Sub-Industry index.
Southwest Gas purchases, distributes, and transports natural
gas. Headquartered in Las Vegas,
NV, the company will be added to the S&P MidCap 400 GICS
Gas Utilities Sub-Industry index.
Shutterstock provides content products and services, and offers
digital imagery services used in visual communications.
Headquartered in New York, NY, the
Company will be added to the S&P SmallCap 600 GICS Internet
Software & Services Sub-Industry index.
Following is a summary of the changes:
|
S&P 500 INDEX
– June 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Alliant
Energy
|
Utilities
|
Electric
Utilities
|
|
DELETED
|
AGL
Resources
|
Utilities
|
Gas
Utilities
|
|
S&P MIDCAP 400
INDEX – June 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Southwest
Gas
|
Utilities
|
Gas
Utilities
|
|
DELETED
|
Alliant
Energy
|
Utilities
|
Electric
Utilities
|
|
S&P SMALLCAP
600 INDEX – June 30, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Shutterstock
|
Information
Technology
|
Internet Software
&
Services
|
|
DELETED
|
Southwest
Gas
|
Utilities
|
Gas
Utilities
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES INDICES
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 based on any other provider in
the world. With over 1,000,000 indices and more than 120 years of
experience constructing innovative and transparent solutions,
S&P Dow Jones Indices defines the way investors measure and
trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/alliant-energy-set-to-join-the-sp-500-southwest-gas-to-join-sp-midcap-400-shutterstock-to-join-sp-smallcap-600-300292363.html
SOURCE S&P Dow Jones Indices