NEW YORK, Nov. 5, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and SmallCap 600 effective prior to the opening of trading on Friday, November 13:
- First Bancorp FBNC will replace AMAG Pharmaceuticals Inc. AMAG in the S&P SmallCap 600. Covis Group is acquiring AMAG Pharmaceuticals in a deal expected to be completed soon pending final conditions.
- MGIC Investment Corp. MTG will replace The Geo Group Inc. GEO in the S&P MidCap 400, and The Geo Group will replace Gulfport Energy Corp. GPOR in the S&P SmallCap 600. Halozyme Therapeutics Inc.HALO will replace Mednax Inc. MD in the S&P MidCap 400, and Mednax will replace Washington Prime Group Inc. WPG in the S&P SmallCap 600. The GEO Group and Mednax are more representative of the small-cap market space. Gulfport Energy and Washington Prime Group are no longer 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 |
November 13, 2020 | S&P MidCap 400 | Addition | MGIC Investment | MTG | Financials |
S&P MidCap 400 | Addition | Halozyme Therapeutics | HALO | Health Care | |
S&P MidCap 400 | Deletion | Geo Group | GEO | Real Estate | |
S&P MidCap 400 | Deletion | Mednax | MD | Health Care | |
S&P SmallCap 600 | Addition | First Bancorp | FBNC | Financials | |
S&P SmallCap 600 | Addition | Geo Group | GEO | Real Estate | |
S&P SmallCap 600 | Addition | Mednax | MD | Health Care | |
S&P SmallCap 600 | Deletion | AMAG Pharmaceuticals | AMAG | Health Care | |
S&P SmallCap 600 | Deletion | Gulfport Energy | GPOR | Energy | |
S&P SmallCap 600 | Deletion | Washington Prime Group | WPG | Real Estate |
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 SPGI, which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
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SOURCE S&P Dow Jones Indices
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