NEW YORK, Jan. 31, 2019 /PRNewswire/ -- Brixmor
Property Group Inc. (NYSE: BRX) will replace Vectren Corp. (NYSE:
VVC) in the S&P MidCap 400 effective prior to the open of
trading on Wednesday, February 6.
S&P 500 constituent CenterPoint Energy Inc. (NYSE: CNP) is
acquiring Vectren in a deal expected to be completed on or about
February 1 pending final
conditions.
Brixmor Property Group is a real estate investment trust (REIT)
that owns and operates a national portfolio of open-air shopping
centers. Headquartered in New York,
NY, the company will be added to the S&P MidCap 400
Global Industry Classification Standard (GICS) Retail REITs
Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400
INDEX – February 6, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Brixmor
Property
Group
|
Real
Estate
|
Retail
REITs
|
DELETED
|
Vectren
|
Utilities
|
Multi-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
products based on indices from any other provider in the world.
Since Charles Dow invented the first
index in 1884, S&P DJI has become home to over 1,000,000
indices across the spectrum of asset classes that have helped
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:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji_communications@spglobal.com
View original
content:http://www.prnewswire.com/news-releases/brixmor-property-group-set-to-join-sp-midcap-400-300787901.html
SOURCE S&P Dow Jones Indices