NEW YORK, March 1, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:
- Washington Real Estate Investment Trust WRE will replace Investment Technology Group Inc. ITG prior to the open of trading on Thursday, March 7. Virtu Financial Inc. VIRT completed its acquisition of Investment Technology Group today.
- Cardiovascular Systems Inc. CSII will replace Nutrisystem Inc. NTRI prior to the open of trading on Monday, March 11. S&P SmallCap 600 constituent Tivity Health Inc. TVTY is acquiring Nutrisystem in a deal expected to close soon pending final conditions.
Washington Real Estate Investment Trust (REIT) engages in the ownership and operation of income-producing real estate properties. Headquartered in Washington, D.C., the company will be added to the S&P SmallCap 600 (Global Industry Classification Standard) GICS Diversified REITs Sub-Industry index.
Cardiovascular Systems is a medical device company focused on developing and commercializing innovative solutions for treating vascular and coronary disease. Headquartered in St. Paul, MN, the company will be added to the S&P SmallCap 600 GICS Health Care Equipment Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX – MARCH 7, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Washington | Real Estate | Diversified REITs |
DELETED | Investment | Financials | Investment Banking & |
S&P SMALLCAP 600 INDEX – MARCH 11, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Cardiovascular | Health Care | Health Care Equipment |
DELETED | Nutrisystem | Consumer Discretionary | Internet & Direct |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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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 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
SOURCE S&P Dow Jones Indices
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