Five Below Set to Join the S&P SmallCap 600
PR Newswire
NEW YORK

NEW YORK, Dec. 17, 2015 /PRNewswire/ -- Five Below, Inc. (NASD:FIVE) will replace UIL Holdings Corp. (NYSE:UIL) in the S&P SmallCap 600 after the close of trading on Friday, December 18. UIL Holdings is merging with Iberdrola USA in a deal completed today.

Five Below operates as a specialty value retailer.  Headquartered in Philadelphia, PA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – December 18, 2015

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Five Below

Consumer Discretionary

Specialty Stores

DELETED

UIL Holdings

Utilities

Electric Utilities

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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