NEW YORK, April 15, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the open of trading on Tuesday, April 20:
- S&P MidCap 400 constituent PTC Inc. PTC will replace Varian Medical Systems Inc. VAR in the S&P 500, and Lattice Semiconductor Co. LSCC will replace PTC in the S&P MidCap 400. Siemens Healthineers AG SHL acquired Varian Medical Systems Inc. in a deal that closed today, April 15.
- Progyny Inc. PGNY will replace Domtar Corp. UFS in the S&P MidCap 400, and Domtar will replace NIC Inc. EGOV in the S&P SmallCap 600. S&P 500 constituent Tyler Technologies Inc. TYL is acquiring NIC in a deal expected to close soon pending final conditions. Domtar has a market capitalization 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 |
April 20, 2021 | S&P 500 | Addition | PTC | PTC | Information Technology |
S&P 500 | Deletion | Varian Medical Systems | VAR | Health Care | |
S&P MidCap 400 | Addition | Lattice Semiconductor | LSCC | Information Technology | |
S&P MidCap 400 | Addition | Progyny | PGNY | Health Care | |
S&P MidCap 400 | Deletion | PTC | PTC | Information Technology | |
S&P MidCap 400 | Deletion | Domtar | UFS | Materials | |
S&P SmallCap 600 | Addition | Domtar | UFS | Materials | |
S&P SmallCap 600 | Deletion | NIC | EGOV | 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 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:http://www.prnewswire.com/news-releases/ptc-set-to-join-sp-500-lattice-semiconductor--progyny-to-join-sp-midcap-400-domtar-to-join-sp-smallcap-600-301270273.html
SOURCE S&P Dow Jones Indices
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!