NEW YORK, March 24, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Wednesday, March 29:

  • S&P SmallCap 600 constituent Texas Capital Bancshares Inc. (NASD: TCBI) will replace Endurance Specialty Holdings Ltd. (NYSE:ENH) in the S&P MidCap 400, and DSW Inc. (NYSE:DSW) will replace Texas Capital Bancshares in the S&P SmallCap 600. SOMPO Holdings Inc. is acquiring Endurance Specialty Holdings in a deal expected to be completed soon pending final conditions.
  • S&P MidCap 400 constituent WisdomTree Investments Inc. (NASD: WETF) will replace Surgical Care Affiliates Inc. (NASD:SCAI) in the S&P SmallCap 600, and The Michaels Companies Inc. (NASD:MIK) will replace WisdomTree Investments in the S&P MidCap 400. S&P 100 & 500 constituent UnitedHealth Group Inc. (NYSE:UNH) acquired Surgical Care Affiliates in a deal completed today.

Texas Capital Bancshares provides various banking products and services. Headquartered in Dallas, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

DSW operates as a branded footwear and accessories retailer. Headquartered in Columbus, OH, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.

WisdomTree Investments operates as an exchange-traded funds sponsor and asset manager. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Asset Management & Custody Banks Sub-Industry index.

The Michaels Companies owns and operates arts and crafts specialty retail stores. Headquartered in Irving, TX, the company will be added to the S&P MidCap 400 GICS Specialty Stores Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – March 29, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Texas Capital
Bancshares

Financials

Regional Banks


The Michaels
Company

Consumer Discretionary

Specialty Stores

DELETED

Endurance
Specialty
Holdings

Consumer Discretionary

Consumer Electronics


WisdomTree
Investments

Financials

Asset Management &
Custody Banks

 

S&P SMALLCAP 600 INDEX – MARCH 29, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

DSW

Consumer Discretionary

Apparel Retail


WisdomTree
Investments

Financials

Asset Management &
Custody Banks

DELETED

Texas Capital
Bancshares

Financials

Regional Banks


Surgical Care
Affiliates

Health Care

Health Care Facilities

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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines 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:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spdji.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/texas-capital-bancshares-and-the-michael-companies-set-to-join-sp-midcap-400-dsw-and-wisdomtree-investments-to-join-sp-smallcap-600-300429316.html

SOURCE S&P Dow Jones Indices

Copyright 2017 PR Newswire

ASC ACQUISITION LLC (NASDAQ:SCAI)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more ASC ACQUISITION LLC Charts.
ASC ACQUISITION LLC (NASDAQ:SCAI)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more ASC ACQUISITION LLC Charts.