Press Releases
NEW YORK, March 1, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:
- Washington Real Estate Investment Trust (NYSE: WRE) will replace Investment Technology Group Inc. (NYSE: ITG) prior to the open of trading on Thursday, March 7. Virtu Financial Inc. (NASD: VIRT) completed its acquisition of Investment Technology Group today.
- Cardiovascular Systems Inc. (NASD: CSII) will replace Nutrisystem Inc. (NASD: NTRI) prior to the open of trading on Monday, March 11. S&P SmallCap 600 constituent Tivity Health Inc. (NASD: TVTY) is acquiring Nutrisystem in a deal expected to close soon pending final conditions.
Washington Real Estate Investment Trust (REIT) engages in the ownership and operation of income-producing real estate properties. Headquartered in Washington, D.C., the company will be added to the S&P SmallCap 600 (Global Industry Classification Standard) GICS Diversified REITs Sub-Industry index.
Cardiovascular Systems is a medical device company focused on developing and commercializing innovative solutions for treating vascular and coronary disease. Headquartered in St. Paul, MN, the company will be added to the S&P SmallCap 600 GICS Health Care Equipment Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX – MARCH 7, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Washington | Real Estate | Diversified REITs |
DELETED | Investment | Financials | Investment Banking & |
S&P SMALLCAP 600 INDEX – MARCH 11, 2019 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Cardiovascular | Health Care | Health Care Equipment |
DELETED | Nutrisystem | Consumer Discretionary | Internet & Direct |
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FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
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