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NEW YORK, Dec. 21, 2018 /PRNewswire/ -- Medpace Holdings Inc. (NASD: MEDP) will replace Green Bancorp Inc. (NASD: GNBC) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, January 2, 2019. S&P SmallCap 600 constituent Veritex Holdings Inc. (NASD: VBTX) is acquiring Green Bancorp in a deal expected to be completed soon pending final conditions.
Medpace Holdings provides scientifically-driven outsourced clinical development services to the biotechnology, pharmaceutical, and medical device industries. Headquartered in Cincinnati, OH, the company will be added to the S&P SmallCap 600 Global Industry Classification Standard (GICS) Life Sciences Tools & Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – JANUARY 2, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Medpace | Health Care | Life Sciences Tools & |
DELETED | Green Bancorp | Financials | Regional Banks |
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