NEW YORK, Aug. 25, 2016 /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:
- S&P MidCap 400 constituent Mettler-Toledo International
Inc. (NYSE: MTD) will replace Johnson Controls Inc. (NYSE: JCI) in
the S&P 500, S&P SmallCap 600 constituent Monolithic Power
Systems, Inc. (NASD: MPWR) will replace Mettler-Toledo in the
S&P MidCap 400, and WCI Communities Inc. (NYSE: WCIC) will
replace Monolithic Power Systems in the S&P SmallCap 600 after
the close of trading on Friday, September
2. S&P 500 constituent Tyco International plc (NYSE:
TYC) is acquiring Johnson Controls in a merger of equals to form a
new company called Johnson Controls International plc (NYSE: JCI)
in a deal expected to be completed on or about that date, pending
final conditions. "New" Johnson Controls International will have
Global Industry Classification of Auto Parts and Equipment in the
S&P 500.
- Nautilus Inc. (NYSE: NLS) is to replace S&P SmallCap 600
constituent Outerwall Inc. (NASD: OUTR) in the S&P SmallCap 600
after the close of trading on Thursday,
September 1. Apollo Global Management LLC (NYSE: APO) is
acquiring Outerwall in a deal expected to be completed on or about
that date, pending final conditions.
Mettler-Toledo International manufactures and supplies precision
instruments and services. Headquartered in Columbus, OH, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard) Life
Sciences Tools & Services Sub-Industry index.
Monolithic Power Systems designs, develops, and markets
integrated power semiconductor solutions and power delivery
architectures for communications, storage and computing, consumer,
and industrial market segments. Headquartered in San Jose, CA, the company will be added to the
S&P MidCap 400 GICS Semiconductors Sub-Industry index.
WCI Communities operates as a lifestyle community developer and
luxury homebuilder. Headquartered in Bonita Springs, FL, the Company will be added
to the S&P SmallCap 600 GICS Homebuilding Sub-Industry
index.
Nautilus designs, develops, sources, and markets cardio and
strength fitness products, and related accessories for consumer
use. Headquartered in Vancouver,
WA, the Company will be added to the S&P SmallCap 600
GICS Leisure Products Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – September 1, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Nautilus
|
Consumer
Discretionary
|
Leisure
Products
|
DELETED
|
Outerwall
|
Consumer
Discretionary
|
Specialty
Stores
|
|
S&P 500 INDEX
– September 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Mettler-Toledo
|
Healthcare
|
Life Sciences Tool
& Equipment
|
DELETED
|
Johnson
Controls
|
Consumer
Discretionary
|
Auto Parts &
Equipment
|
|
S&P MIDCAP 400
INDEX – September 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Monolithic Power
Systems
|
Information
Technology
|
Semiconductors
|
DELETED
|
Mettler-Toledo
|
Healthcare
|
Life Sciences Tools
& Equipment
|
|
S&P SMALLCAP
600 INDEX – September 2, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
WCI
Communities
|
Consumer
Discretionary
|
Homebuilding
|
DELETED
|
Monolithic Power
Systems
|
Information
Technology
|
Semiconductors
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com.
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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@spdji.com
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/mettler-toledo-international-set-to-join-the-sp-500-monolithic-power-systems-to-join-sp-midcap-400-wci-communities-and-nautilus-to-join-sp-smallcap-600-300318608.html
SOURCE S&P Dow Jones Indices