NEW YORK, Oct. 2, 2019 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600:
- S&P SmallCap 600 constituent Mercury Systems Inc. (NASD:
MRCY) will replace Versum Materials Inc. (NYSE: VSM) in the S&P
MidCap 400, and Cleveland-Cliffs Inc. (NYSE: CLF) will replace
Mercury Systems in the S&P SmallCap 600 effective prior to the
open of trading on Tuesday, October
8. Merck KGaA is acquiring Versum Materials in a deal
expected to be completed on or about that date pending final
conditions.
- Essential Properties Realty Trust Inc. (NYSE: EPRT) will
replace Navigant Consulting Inc. (NYSE: NCI) in the S&P
SmallCap 600 effective prior to the open of trading on Friday, October 11. Veritas Capital Fund
Management is acquiring Navigant Consulting in a deal expected to
be completed on or about that date pending final conditions.
Mercury Systems provides sensor and safety critical mission
processing subsystems for various critical aerospace, commercial
aviation, defense, and intelligence programs. Headquartered in
Andover, MA, the company will be
added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Aerospace & Defense Sub-Industry
index.
Cleveland-Cliffs operates as an iron ore mining company.
Headquartered in Cleveland, OH,
the company will be added to the S&P SmallCap 600 GICS Steel
Sub-Industry index.
Essential Properties Realty Trust acquires, owns, and manages
single-tenant properties. Headquartered in Princeton, NJ, the company will be added to
the S&P SmallCap 600 GICS Diversified REIT's Sub-Industry
index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – October 8, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Mercury
Systems
|
Industrials
|
Aerospace &
Defense
|
|
DELETED
|
Versum
Materials
|
Information
Technology
|
Semiconductor
Equipment
|
|
S&P SMALLCAP
600 INDEX – October 8, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Cleveland-Cliffs
|
Materials
|
Steel
|
|
DELETED
|
Mercury
Systems
|
Industrials
|
Aerospace &
Defense
|
|
S&P SMALLCAP
600 INDEX – October 11, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Essential
Properties
Realty Trust
|
Real
Estate
|
Diversified
REITs
|
|
DELETED
|
Navigant
Consulting
|
Industrials
|
Research &
Consulting
Services
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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SOURCE S&P Dow Jones Indices