NEW YORK, Dec. 3, 2021 /PRNewswire/ -- S&P Dow
Jones Indices will make the following index changes to the S&P
500, S&P MidCap 400, and S&P SmallCap 600 to ensure each
index is more representative of its market capitalization range.
The changes will be effective prior to the open of trading on
Monday, December 20, 2021 to coincide
with the quarterly rebalance:
S&P MidCap 400 constituents Signature Bank (NASD: SBNY),
SolarEdge Technologies Inc. (NASD: SEDG) and FactSet Research
Systems Inc. (NYSE: FDS) will move to the S&P 500, replacing
S&P 500 constituents Leggett & Platt Inc. (NYSE: LEG),
Hanesbrands Inc. (NYSE: HBI) and The Western Union Co. (NYSE: WU),
all of which will move to the S&P MidCap 400.
S&P SmallCap 600 constituents Macy's Inc. (NYSE: M), Vicor
Corp. (NASD: VICR) and Power Integrations Inc. (NASD: POWI) will
move to the S&P MidCap 400, replacing S&P MidCap 400
constituents Tootsie Roll Industries Inc. (NYSE: TR), Telephone and
Data Systems Inc. (NYSE: TDS), and Nektar Therapeutics (NASD:
NKTR), all of which will move to the S&P SmallCap 600.
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
|
Dec. 20,
2021
|
S&P
500
|
Addition
|
Signature
Bank
|
SBNY
|
Financials
|
|
S&P
500
|
Addition
|
SolarEdge
Technologies
|
SEDG
|
Information
Technology
|
|
S&P
500
|
Addition
|
FactSet Research
Systems
|
FDS
|
Financials
|
|
S&P
500
|
Deletion
|
Leggett &
Platt
|
LEG
|
Consumer
Discretionary
|
|
S&P
500
|
Deletion
|
Hanesbrands
|
HBI
|
Consumer
Discretionary
|
|
S&P
500
|
Deletion
|
The Western
Union
|
WU
|
Information
Technology
|
Dec. 20,
2021
|
S&P MidCap
400
|
Addition
|
Leggett &
Platt
|
LEG
|
Consumer
Discretionary
|
|
S&P MidCap
400
|
Addition
|
Hanesbrands
|
HBI
|
Consumer
Discretionary
|
|
S&P MidCap
400
|
Addition
|
The Western
Union
|
WU
|
Information
Technology
|
|
S&P MidCap
400
|
Addition
|
Macy's
|
M
|
Consumer
Discretionary
|
|
S&P MidCap
400
|
Addition
|
Vicor
|
VICR
|
Industrials
|
|
S&P MidCap
400
|
Addition
|
Power
Integrations
|
POWI
|
Information
Technology
|
|
S&P MidCap
400
|
Deletion
|
Signature
Bank
|
SBNY
|
Financials
|
|
S&P MidCap
400
|
Deletion
|
SolarEdge
Technologies
|
SEDG
|
Information
Technology
|
|
S&P MidCap
400
|
Deletion
|
FactSet Research
Systems
|
FDS
|
Financials
|
|
S&P MidCap
400
|
Deletion
|
Tootsie Roll
Industries
|
TR
|
Consumer
Staples
|
|
S&P MidCap
400
|
Deletion
|
Telephone & Data
Systems
|
TDS
|
Communication
Services
|
|
S&P MidCap
400
|
Deletion
|
Nektar
Therapeutics
|
NKTR
|
Health
Care
|
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS
Sector
|
Dec. 20,
2021
|
S&P SmallCap
600
|
Addition
|
Tootsie Roll
Industries
|
TR
|
Consumer
Staples
|
|
S&P SmallCap
600
|
Addition
|
Telephone & Data
Systems
|
TDS
|
Communication
Services
|
|
S&P SmallCap
600
|
Addition
|
Nektar
Therapeutics
|
NKTR
|
Health
Care
|
|
S&P SmallCap
600
|
Deletion
|
Macy's
|
M
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Deletion
|
Vicor
|
VICR
|
Industrials
|
|
S&P SmallCap
600
|
Deletion
|
Power
Integrations
|
POWI
|
Information
Technology
|
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 products based on indices from
any other provider in the world. Since Charles Dow invented the first index in 1884,
S&P DJI has been innovating and developing indices across the
spectrum of asset classes helping to define 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:
S&P Dow Jones
Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
View original
content:https://www.prnewswire.com/news-releases/signature-bank-solaredge-technologies-and-factset-research-systems-set-to-join-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-301437436.html
SOURCE S&P Dow Jones Indices