NEW YORK, Dec. 20, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600:
- S&P SmallCap 600 constituent Interactive Brokers Group Inc.
(NASD:IBKR) will replace HSN Inc.(NASD:HSNI) in the S&P MidCap
400, and Alarm.com Holdings Inc. (NASD:ALRM) will replace
Interactive Brokers Group in the S&P SmallCap 600 effective
prior to the open of trading on Tuesday,
January 2, 2018. Liberty Interactive Corp. (NASD: QVCA,
QVCB, LVNTA, LVNTB) is acquiring HSN in a deal expected to be
completed on or about December
29.
- Corcept Therapeutics Inc. (NASD:CORT) will replace Gigamon Inc.
(NYSE:GIMO) in the S&P SmallCap 600 effective prior to the open
of trading on Wednesday, December 27.
Elliott Associates L.P. is acquiring Gigamon in a deal expected to
be completed on or about that date pending final approvals.
Interactive Brokers Group operates as an automated electronic
broker and market maker. Headquartered in Greenwich, CT, the company will be added to
the S&P MidCap 400 GICS (Global Industry Classification
Standard) Investment Banking & Brokerage Sub-Industry
index.
Alarm.com Holdings provides cloud-based software platform
solutions for the smart homes and businesses. Headquartered in
Tysons, VA, the company will be added to the S&P SmallCap 600
GICS Internet Software & Services Sub-Industry index.
Corcept Therapeutics discovers, develops, and commercializes
drugs for the treatment of severe metabolic, oncologic, and
psychiatric disorders. Headquartered in Menlo Park, CA, the company will be added to
the S&P SmallCap 600 GICS Pharmaceuticals Sub-Industry
index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – DECEMBER 27, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Corcept
Therapeutics
|
Health
Care
|
Pharmaceuticals
|
DELETED
|
Gigamon
|
Information
Technology
|
Systems
Software
|
S&P MIDCAP 400
INDEX – JANUARY 2, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Interactive Brokers
Group
|
Financials
|
Investment Banking
& Brokerage
|
DELETED
|
HSN
|
Consumer
Discretionary
|
Internet & Direct
Marketing Retail
|
S&P SMALLCAP
600 INDEX – JANUARY 2, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Alarm.com
Holdings
|
Information
Technology
|
Internet Software
& Services
|
DELETED
|
Interactive Brokers
Group
|
Financials
|
Investment Banking
& Brokerage
|
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@spglobal.com
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji_communications@spglobal.com
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SOURCE S&P Dow Jones Indices