Press Releases
NEW YORK, Sept. 23, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600:
- PG&E Corp. (NYSE: PCG) will replace Citrix Systems Inc. (NASD: CTXS) in the S&P 500 effective prior to the opening of trading on Monday, October 3. Vista Equity Partners is acquiring Citrix Systems in a transaction expected to be completed September 30, pending final conditions.
- S&P MidCap 400 constituent EQT Corp. (NYSE: EQT) will replace Duke Realty Corp. (NYSE: DRE) in the S&P 500, S&P SmallCap 600 constituent ExlService Holdings Inc. (NASD: EXLS) will replace EQT in the S&P MidCap 400, and Mister Car Wash Inc. (NYSE: MCW) will replace ExlService Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 3. S&P 500 constituent Prologis Inc. (NYSE: PLD) is acquiring Duke Realty in a transaction expected to be completed on or about that date, pending final conditions.
- Leslie's Inc. (NASD: LESL) will replace GCP Applied Technologies Inc. (NYSE: GCP) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, September 28. Compagnie de Saint-Gobian S.A. is acquiring GCP Applied Technologies in a transaction expected to be completed on or about that date, pending final conditions.
- CBTX Inc. (NASD: CBTX) will replace Allegiance Bancshares Inc. (NASD: ABTX) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 3. CBTX is acquiring Allegiance Bancshares in a transaction expected to be completed October 1, pending final conditions. Post-acquisition, the combined company will change its name and ticker symbol to Stellar Bancorp (NASD: STEL).
- Xperi Inc. (NYSE: XPER) will be added to the S&P SmallCap 600 prior to the open of trading on Monday, October 3 replacing SelectQuote Inc. (NYSE: SLQT), which will be removed from the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 4. S&P SmallCap 600 constituent Xperi Holdings Corp. (NASD: XPER) is spinning off Xperi (new) in a transaction expected to be completed October 3, pending final conditions. Post spin-off, parent company Xperi Holdings will remain in the S&P SmallCap 600. It will change its name and ticker symbol to Adeia Inc. (NASD: ADEA). SelectQuote is no longer 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 | |
Sept. 28, 2022 | S&P SmallCap 600 | Addition | Leslie's | LESL | Consumer Discretionary | |
S&P SmallCap 600 | Deletion | GCP Applied Tech | GCP | Materials | ||
Oct. 3, 2022 | S&P 500 | Addition | PG&E | PCG | Utilities | |
S&P 500 | Addition | EQT | EQT | Energy | ||
S&P 500 | Deletion | Citrix Systems | CTXS | Information Technology | ||
S&P 500 | Deletion | Duke Realty | DRE | Real Estate | ||
S&P MidCap 400 | Addition | ExlService Holdings | EXLS | Information Technology | ||
S&P MidCap 400 | Deletion | EQT | EQT | Energy | ||
S&P SmallCap 600 | Addition | Mister Car Wash | MCW | Consumer Discretionary | ||
S&P SmallCap 600 | Addition | Xperi (new) | XPER | Information Technology | ||
S&P SmallCap 600 | Addition | CBTX | CBTX | Financials | ||
S&P SmallCap 600 | Deletion | ExlService Holdings | EXLS | Information Technology | ||
S&P SmallCap 600 | Deletion | Allegiance Bancshares | ABTX | Financials | ||
Oct. 4, 2022 | S&P SmallCap 600 | Deletion | SelectQuote | SLQT | Financials |
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 been innovating and developing indices across the spectrum of asset classes helping to 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:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
SOURCE S&P Dow Jones Indices