NexPoint Residential Trust and Meritor Set to Join S&P SmallCap 600

Date : 12/30/2019 @ 11:05PM
Source : PR Newswire (US)
Stock : Avon Products Inc (AVP)
Quote : 5.6  0.0 (0.00%) @ 1:00AM

NexPoint Residential Trust and Meritor Set to Join S&P SmallCap 600

Avon Products (NYSE:AVP)
Historical Stock Chart

6 Months : From Oct 2019 to Apr 2020

Click Here for more Avon Products Charts.

NEW YORK, Dec. 30, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, January 6:

  • NexPoint Residential Trust Inc. (NYSE: NXRT) will replace Avon Products Inc. (NYSE: AVP). Natura & Co. Holding S.A. is acquiring Avon Products in a deal expected to be completed soon pending final conditions.
  • Meritor Inc. (NYSE: MTOR) will replace The Medicines Company (NASD: MDCO). Novartis AG is acquiring The Medicines Company in a deal expected to be completed soon pending final conditions.

NexPoint Residential Trust is a publicly traded REIT primarily focused on "value-add" multifamily investments primarily located in the Southeastern and Southwestern United States. Headquartered in Dallas, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Residential REITs Sub-Industry index.

Meritor is a global supplier of a broad range of integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. Headquartered in Troy, MI, the company will be added to the S&P SmallCap 600 GICS Construction Machinery & Heavy Trucks Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – January 6, 2020


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

NexPoint
Residential Trust

Real Estate

Residential REITs


Meritor

Industrials

Construction Machinery &
Heavy Trucks

DELETED

Avon Products

Consumer Staples

Personal Products


The Medicines
Company

Health Care

Biotechnology

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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define 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:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com 

Index Governance Inquiries
IGCC@spglobal.com 

Cision View original content:http://www.prnewswire.com/news-releases/nexpoint-residential-trust-and-meritor-set-to-join-sp-smallcap-600-300979991.html

SOURCE S&P Dow Jones Indices

Copyright 2019 PR Newswire

Latest AVP Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.