Press Releases
NEW YORK, March 21, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- S&P SmallCap 600 constituent Evercore Inc. (NYSE: EVR) will replace Snyder's-Lance Inc. (NASD: LNCE) in the S&P MidCap 400, and MGP Ingredients Inc. (NASD: MGPI) will replace Evercore the S&P SmallCap 600 effective prior to the open of trading on Monday, March 26. S&P 500 constituent Campbell Soup Co. (NYSE: CPB) is acquiring Snyder's-Lance in a deal expected to close on or about that date pending final conditions.
- Tabula Rasa HealthCare Inc. (NASD: TRHC) will replace Almost Family Inc. (NASD: AFAM) in the S&P SmallCap 600 effective prior to the open of trading on Monday, April 2. S&P SmallCap 600 constituent LHC Group (NASD: LHCG) is acquiring Almost Family in a deal expected to be completed on or about that date pending final conditions.
Evercore operates as an independent investment banking advisory firm. Headquartered in New York, NY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Investment Banking & Brokerage Sub-Industry index.
MGP Ingredients produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. Headquartered in Atchison, KS, the company will be added to the S&P SmallCap 600 GICS Distillers & Vintners Sub-Industry index.
Tabula Rasa HealthCare provides patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens. Headquartered in Moorestown, NJ, the company will be added to the S&P SmallCap 600 GICS Health Care Technology Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX – March 26, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Evercore |
Financials |
Investment Banking & Brokerage |
|
DELETED |
Snyder's-Lance |
Consumer Staples |
Packaged Foods & Meats |
|
S&P SMALLCAP 600 INDEX – March 26, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
MGP Ingredients |
Consumer Staples |
Distillers & Vintners |
|
DELETED |
Evercore |
Financials |
Investment Banking & Brokerage |
|
S&P SMALLCAP 600 INDEX – April 2, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Tabula Rasa HealthCare |
Health Care |
Health Care Technology |
|
DELETED |
Almost Family |
Health Care |
Health Care Services |
For more information about S&P Dow Jones Indices, please visit www.spdji.com.
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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji_communications@spglobal.com
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