Lululemon Athletica & Hubbell Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Oct. 13, 2023 /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 indices effective prior to the opening of trading on Wednesday, October 18:

  • Lululemon Athletica Inc. (NASD:LULU) will replace Activision Blizzard Inc. (NASD:ATVI) in the S&P 500. S&P 500 and S&P 100 constituent Microsoft Corp. (NASD: MSFT) acquired Activision Blizzard in a transaction completed today, October 13.
      
  • S&P MidCap 400 constituent Hubbell Inc. (NYSE:HUBB) will replace Organon & Co. (NYSE:OGN) in the S&P 500, S&P SmallCap 600 constituent Onto Innovation Inc. (NYSE:ONTO) will replace Hubbell in the S&P MidCap 400, and Organon & Co will replace Onto Innovation in the S&P SmallCap 600. Hubbell is more representative of the large-cap market space, Onto Innovation is more representative of the mid-cap market space, and Organon & Co 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

October 18, 2023

S&P 500

Addition

Lululemon
Athletica

LULU

Consumer Discretionary


S&P 500

Addition

Hubbell

  

HUBB

Industrials


S&P 500

Deletion

Activision Blizzard

  

ATVI

Communication
Services


S&P 500

Deletion

Organon & Co 

  

OGN

Health Care


S&P MidCap 400

Addition

Onto Innovation

  

ONTO

Information Technology


S&P MidCap 400

Deletion

Hubbell

  

HUBB

Industrials


S&P SmallCap 600

Addition

Organon & Co

  

OGN

Health Care


S&P SmallCap 600

Deletion

Onto Innovation

  

ONTO

Information Technology

 

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