NEW YORK, Oct. 18, 2021 /PRNewswire/ -- S&P SmallCap
600 constituent Kite Realty Group Trust (NYSE:KRG) will replace
LendingTree Inc. (NASD:TREE) in the S&P MidCap 400, LendingTree
will replace Kite Realty Group Trust in the S&P SmallCap 600,
and Harmony Biosciences Holdings Inc. (NASD:HRMY) will replace
Retail Properties of America Inc. (NYSE:RPAI) in the S&P
SmallCap 600 effective prior to the open of trading on Friday, October 22. Kite Realty Group Trust is
acquiring Retail Properties of America in a deal expected to close
soon pending final closing conditions. LendingTree has a market
capitalization that is more representative of the small-cap market
space.
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
|
Oct 22,
2021
|
S&P MidCap
400
|
Addition
|
Kite Realty Group
Trust
|
KRG
|
Real
Estate
|
|
|
Deletion
|
LendingTree
|
TREE
|
Financials
|
|
S&P SmallCap
600
|
Addition
|
Harmony
Biosciences
|
HRMY
|
Health
Care
|
|
|
Addition
|
LendingTree
|
TREE
|
Financials
|
|
|
Deletion
|
Retail Properties of
America
|
RPAI
|
Real
Estate
|
|
|
Deletion
|
Kite Realty Group
Trust
|
KRG
|
Real
Estate
|
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content:https://www.prnewswire.com/news-releases/kite-realty-group-trust-set-to-join-sp-midcap-400-harmony-biosciences-holdings--lendingtree-to-join-sp-smallcap-600-301402782.html
SOURCE S&P Dow Jones Indices