Press Releases
NEW YORK, Nov. 13, 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 Insperity Inc. (NYSE: NSP) will replace LifePoint Health Inc. (NASD: LPNT) in the S&P MidCap 400, and Eagle Bancorp Inc. (NASD: EGBN) will replace Insperity in the S&P SmallCap 600 effective at the market open on Monday, November 19. Apollo Global Management (NYSE: APO) is acquiring LifePoint Health in a deal expected to close on or about that date pending final conditions.
Insperity provides human resources and business solutions to enhance business performance for small and medium-sized businesses. Headquartered in Kingwood, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Human Resource & Employment Services Sub-Industry index.
Eagle Bancorp provides commercial and consumer banking services. Headquartered in Bethesda, MD, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – NOVEMBER 19, 2018 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Insperity | Industrials | Human Resources & |
DELETED | LifePoint Health | Health Care | Health Care Facilities |
S&P SMALLCAP 600 INDEX – NOVEMBER 19, 2018 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Eagle Bancorp | Financials | Regional Banks |
DELETED | Insperity | Industrials | Human Resources & |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
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
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