Hologic, Centene Set to Join the S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

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NEW YORK, March 24, 2016 /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 indices:

  • S&P MidCap 400 constituent Hologic Inc. HOLX will replace Pepco Holdings Inc. POM in the S&P 500, S&P SmallCap 600 constituent Abiomed Inc. ABMD will replace Hologic in the S&P MidCap 400, and Banc of California Inc. BANC will replace Abiomed in the S&P SmallCap 600 after the close of trading on Tuesday, March 29. S&P 500 constituent Exelon Corp. EXC acquired Pepco Holdings in a deal that was completed today.

  • S&P MidCap 400 constituent Centene Corp. CNC will replace Ensco plc ESV in the S&P 500, Ensco will replace Centene in the S&P MidCap 400, and First Industrial Realty Trust Inc. FR will replace Health Net Inc. HNT in the S&P MidCap 400 after the close of trading on Tuesday, March 29. Centene acquired Health Net in a deal that was completed today.

  • ServisFirst Bancshares Inc. SFBS will replace National Penn Bancshares Inc. NPBC in the S&P SmallCap 600 after the close of trading on Friday, April 1. S&P 500 constituent BB&T Corp. BBT is acquiring National Penn Bancshares in a deal expected to be completed on or about that date pending final conditions.

Hologic develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products. Headquartered in Marlborough, MA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.

Abiomed researches, develops, and sells medical devices. Headquartered in Danvers, MA, the company will be added to the S&P MidCap 400 GICS Health Care Equipment Sub-Industry index.

Banc of California provides banking products and services. Headquartered in Irvine, CA, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Centene provides programs and services to under-insured and uninsured individuals. Headquartered in St. Louis, MO, the company will be added to the S&P 500 GICS Managed Health Care Sub-Industry index.

Ensco plc provides offshore contract drilling services. Headquartered in London, England, the company will be added to the S&P MidCap 400 GICS Oil & Gas Drilling Sub-Industry index.

First Industrial Realty Trust, a real estate investment trust (REIT), owns, manages, acquires, sells, develops, and redevelops industrial real estate. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS Industrial REITs Sub-Industry index.

ServisFirst Bancshares provides banking products and services. Headquartered in Birmingham, AL, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – March 29, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Hologic

Health Care

Health Care Equipment


Centene

Health Care

Managed Health Care

DELETED

Pepco Holdings

Utilities

Electric Utilities


Ensco

Energy

Oil & Gas Drilling

 

S&P MIDCAP 400 INDEX – March 29, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Abiomed

Health Care

Health Care Equipment


Ensco

Energy

Oil & Gas Drilling


First Industrial Realty

Financials

Industrial REITs

DELETED

Hologic

Health Care

Health Care Equipment


Centene

Health Care

Managed Health Care


Health Net

Health Care

Managed Health Care

 

S&P SMALLCAP 600 INDEX – March 29, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Banc of California

Financials

Regional Banks

DELETED

Abiomed

Health Care

Health Care Equipment

 

S&P SMALLCAP 600 INDEX – April 1, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

ServisFirst Bancshares

Financials

Regional Banks

DELETED

National Penn Bancshares

Financials

Regional Banks

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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 LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

S&P DJI MEDIA CONTACTS:

David Blitzer
Managing Director and Chairman of Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spdji.com

Soogyung Jordan
Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hologic-centene-set-to-join-the-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-300241406.html

SOURCE S&P Dow Jones Indices

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