Press Releases
NEW YORK, Oct. 18, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Kite Realty Group Trust (NYSE:KRG) will replace LendingTree Inc. (NASD:TREE) in the S&P MidCap 400, LendingTree will replace Kite Realty Group Trust in the S&P SmallCap 600, and Harmony Biosciences Holdings Inc. (NASD:HRMY) will replace Retail Properties of America Inc. (NYSE:RPAI) in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 22. Kite Realty Group Trust is acquiring Retail Properties of America in a deal expected to close soon pending final closing conditions. LendingTree has a market capitalization that is more representative of the small-cap market space.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
Oct 22, 2021 | S&P MidCap 400 | Addition | Kite Realty Group Trust | KRG | Real Estate |
Deletion | LendingTree | TREE | Financials | ||
S&P SmallCap 600 | Addition | Harmony Biosciences | HRMY | Health Care | |
Addition | LendingTree | TREE | Financials | ||
Deletion | Retail Properties of America | RPAI | Real Estate | ||
Deletion | Kite Realty Group Trust | KRG | Real Estate |
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