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Independent Bank Group Set to Join S&P SmallCap 600

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NEW YORK, June 17, 2020 /PRNewswire/ -- Independent Bank Group Inc. (NASD: IBTX) will replace Progenics Pharmaceuticals Inc. (NASD: PGNX) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, June 22. S&P Small-Cap 600 constituent Lantheus Holdings Inc. (NASD: LNTH) is acquiring Progenics Pharmaceuticals in a deal expected to be completed on or about June 19 pending final conditions. Post-acquisition, Lantheus Holdings will remain in S&P SmallCap 600.

Independent Bank Group provides various commercial banking products and services. Headquartered in McKinney, TX the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – JUNE 22, 2020


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Independent Bank Group

Financials

Regional Banks

DELETED

Progenics Pharmaceuticals

Health Care

Biotechnology

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Cision View original content:http://www.prnewswire.com/news-releases/independent-bank-group-set-to-join-sp-smallcap-600-301079120.html

SOURCE S&P Dow Jones Indices

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