UFP Industries Set to Join S&P MidCap 400; Otter Tail to Join S&P SmallCap 600

NEW YORK, Feb. 16, 2023 /PRNewswire/ -- S&P SmallCap 600 constituent UFP Industries Inc. (NASD: UFPI) will replace LHC Group Inc. (NASD: LHCG) in the S&P MidCap 400, and Otter Tail Corp.

(NASD: OTTR) will replace UFP Industries in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, February 23. S&P 500 constituent UnitedHealth Group Inc. (NYSE: UNH) is acquiring LHC Group in a deal expected to be completed soon pending final conditions.

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

February 23, 2023

S&P MidCap 400

Addition

UFP Industries

UFPI

Industrials


S&P MidCap 400

Deletion

LHC Group

LHCG

Health Care


S&P SmallCap 600

Addition

Otter Tail

OTTR

Utilities


S&P SmallCap 600

Deletion

UFP Industries

UFPI

Industrials

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