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:

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