Press Releases
NEW YORK, April 16, 2018 /PRNewswire/ -- S&P SmallCap 600 constituent Five Below Inc. (NASD: FIVE) will replace DST Systems Inc. (NYSE: DST) in the S&P MidCap 400, and ProPetro Holding Corp. (NYSE: PUMP) will replace Five Below in the S&P SmallCap 600 effective prior to the open of trading on Thursday, April 19. SS&C Technologies Holdings Inc. (NASD: SSNC) is acquiring DST Systems in a deal expected to be completed on or about April 17.
Five Below operates as a specialty value retailer. Headquartered in Philadelphia, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.
ProPetro Holding is an oilfield services company that provides pressure pumping and other related services. Headquartered in Midland, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry index,
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX – April 19, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
Five Below |
Consumer Discretionary |
Specialty Stores |
|
DELETED |
DST Systems |
Information Technology |
Data Processing & |
|
S&P SMALLCAP 600 INDEX – April 19, 2018 | |||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
|
ADDED |
ProPetro |
Energy |
Oil & Gas Equipment & |
|
DELETED |
Five Below |
Consumer Discretionary |
Specialty Stores |
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