Skyworks Solutions Set to Join the S&P 500; Maximus to Join the S&P MidCap 400; Republic Airways to Join the S&P SmallCap 600
PR Newswire
NEW YORK

NEW YORK, March 9, 2015 /PRNewswire/ -- S&P MidCap 400 constituent Skyworks Solutions Inc. (NASD: SWKS) will replace PetSmart Inc. (NASD: PETM) in the S&P 500, S&P SmallCap 600 constituent Maximus Inc. (NYSE: MMS) will replace Skyworks Solutions in the S&P MidCap 400, and Republic Airways Holdings Inc. (NASD: RJET) will replace Maximus in the S&P SmallCap 600 after the close of trading on Wednesday, March 11. A consortium led by BC Partners Inc. is acquiring PetSmart in a deal expected to be completed on or about that date pending final approvals.

Skyworks Solutions designs, develops, manufactures, and markets analog and mixed signal semiconductors. Headquartered in Woburn, MA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Semiconductors Sub-Industry index.

Maximus provides business process services to government health and human services agencies. Headquartered in Reston, VA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.

Republic Airways Holdings provides scheduled passenger services. Headquartered in Indianapolis, IN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Airlines Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – March 11, 2015

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Skyworks

Solutions

Information Technology

Semiconductors

DELETED

PetSmart

Consumer Discretionary

Specialty Stores

 

S&P MIDCAP 400 INDEX – March 11, 2015

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Maximus

Information Technology

Data Processing &

Outsourced Services

DELETED

Skyworks

Solutions

Information Technology

Semiconductors

 

S&P SMALLCAP 600 INDEX – March 11, 2015

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Republic Airways

Holdings

Industrials

Airlines

DELETED

Maximus

Information Technology

Data Processing &

Outsourced Services

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.

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