NEW YORK, March 24, 2016 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P 500,
S&P MidCap 400 and S&P SmallCap 600 indices:
- S&P MidCap 400 constituent Hologic Inc. (NASD: HOLX) will
replace Pepco Holdings Inc. (NYSE: POM) in the S&P 500, S&P
SmallCap 600 constituent Abiomed Inc. (NASD: ABMD) will replace
Hologic in the S&P MidCap 400, and Banc of California Inc.
(NYSE: BANC) will replace Abiomed in the S&P SmallCap 600 after
the close of trading on Tuesday, March
29. S&P 500 constituent Exelon Corp. (NYSE: EXC)
acquired Pepco Holdings in a deal that was completed today.
- S&P MidCap 400 constituent Centene Corp. (NYSE: CNC) will
replace Ensco plc (NYSE: ESV) in the S&P 500, Ensco will
replace Centene in the S&P MidCap 400, and First Industrial
Realty Trust Inc. (NYSE: FR) will replace Health Net Inc. (NYSE:
HNT) in the S&P MidCap 400 after the close of trading on
Tuesday, March 29. Centene acquired
Health Net in a deal that was completed today.
- ServisFirst Bancshares Inc. (NASD: SFBS) will replace National
Penn Bancshares Inc. (NASD: NPBC) in the S&P SmallCap 600 after
the close of trading on Friday, April
1. S&P 500 constituent BB&T Corp. (NYSE: BBT) is
acquiring National Penn Bancshares in a deal expected to be
completed on or about that date pending final conditions.
Hologic develops, manufactures, and supplies diagnostics
products, medical imaging systems, and surgical products.
Headquartered in Marlborough, MA,
the company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Health Care Equipment Sub-Industry
index.
Abiomed researches, develops, and sells medical devices.
Headquartered in Danvers, MA, the
company will be added to the S&P MidCap 400 GICS Health Care
Equipment Sub-Industry index.
Banc of California provides
banking products and services. Headquartered in Irvine, CA, the company will be added to the
S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Centene provides programs and services to under-insured and
uninsured individuals. Headquartered in St. Louis, MO, the company will be added to
the S&P 500 GICS Managed Health Care Sub-Industry index.
Ensco plc provides offshore contract drilling services.
Headquartered in London, England,
the company will be added to the S&P MidCap 400 GICS Oil &
Gas Drilling Sub-Industry index.
First Industrial Realty Trust, a real estate investment
trust (REIT), owns, manages, acquires, sells, develops, and
redevelops industrial real estate. Headquartered in Chicago, IL, the company will be added to the
S&P MidCap 400 GICS Industrial REITs Sub-Industry index.
ServisFirst Bancshares provides banking products and services.
Headquartered in Birmingham, AL,
the company will be added to the S&P SmallCap 600 GICS Regional
Banks Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– March 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Hologic
|
Health
Care
|
Health Care
Equipment
|
|
Centene
|
Health
Care
|
Managed Health
Care
|
DELETED
|
Pepco
Holdings
|
Utilities
|
Electric
Utilities
|
|
Ensco
|
Energy
|
Oil & Gas
Drilling
|
S&P MIDCAP 400
INDEX – March 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Abiomed
|
Health
Care
|
Health Care
Equipment
|
|
Ensco
|
Energy
|
Oil & Gas
Drilling
|
|
First Industrial
Realty
|
Financials
|
Industrial
REITs
|
DELETED
|
Hologic
|
Health
Care
|
Health Care
Equipment
|
|
Centene
|
Health
Care
|
Managed Health
Care
|
|
Health Net
|
Health
Care
|
Managed Health
Care
|
S&P SMALLCAP
600 INDEX – March 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Banc of
California
|
Financials
|
Regional
Banks
|
DELETED
|
Abiomed
|
Health
Care
|
Health Care
Equipment
|
S&P SMALLCAP
600 INDEX – April 1, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
ServisFirst
Bancshares
|
Financials
|
Regional
Banks
|
DELETED
|
National Penn
Bancshares
|
Financials
|
Regional
Banks
|
Additions to and deletions from S&P Dow Jones Indices do not
in any way reflect an opinion on the investment merits of the
companies involved.
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