NEW YORK, July 27, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:

  • GXO Logistics Inc. (NYSE:GXO) will join the S&P MidCap 400 effective prior to the opening of trading on Monday, August 2. Effective prior to the opening of trading on Tuesday, August 3, S&P MidCap 400 constituent Strategic Education Inc. (NASD:STRA) will replace Bel Fuse Inc. (NASD:BELFB) in the S&P SmallCap 600. S&P MidCap 400 constituent XPO Logistics Inc. (NYSE: XPO) is spinning off GXO Logistics in a transaction expected to be effective prior to the open on August 2. XPO Logistics will remain in the S&P MidCap 400. Strategic Education has a market capitalization more representative of the small-cap market space. Bel Fuse is no longer representative of the small-cap market space. XPO Logistics will change its Global Industry Classification Standard (GICS) sub-industry group to Trucking following the spin-off transaction.
  • Victoria's Secret & Co. (NYSE:VSCO) will replace World Fuel Services Corp. (NYSE:INT) in the S&P MidCap 400, and World Fuel Services will replace Spok Holdings Inc. (NASD:SPOK) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 4. S&P 500 constituent L Brands (NYSE:LB) is spinning off Victoria's Secret in a transaction expected to be effective prior to the open of trading on August 3. Post spin-off, L Brands will remain in the S&P 500. It will have a name and symbol change to Bath & Body Works Inc. (NYSE: BBWI), and a GICS sub-industry group change to Specialty Retailer. World Fuel Services is more representative of the small-cap market space. Spok Holdings is no longer representative of the small-cap market space.
  • S&P SmallCap 600 constituent GameStop Corp. (NYSE:GME) will replace Weingarten Realty Investors (NYSE:WRI) in the S&P MidCap 400, and Lakeland Financial Corp. (NASD:LKFN) will replace GameStop in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 4. S&P 500 constituent Kimco Realty Corp (NYSE: KIM) is acquiring Weingarten Realty Investors in a deal expected to be completed on or about that date pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective dates:

Effective Date

Index Name      

Action

Company Name

Ticker

GICS Sector

August 2, 2021

S&P MidCap 400

Addition

GXO Logistics

GXO

Industrials

August 3, 2021

S&P MidCap 400

Deletion

Strategic Education

STRA

Consumer
Discretionary


S&P SmallCap 600

Addition

Strategic Education

STRA

Consumer
Discretionary


S&P SmallCap 600

Deletion

Bel Fuse

BELFB

Information
Technology

August 4, 2021

S&P MidCap 400

Addition

Victoria's Secret & Co

VSCO

Consumer
Discretionary


S&P MidCap 400

Addition

GameStop

GME

Consumer
Discretionary


S&P MidCap 400

Deletion

World Fuel Services

INT

Energy


S&P MidCap 400

Deletion

Weingarten Realty
Investors

WRI

Real Estate


S&P SmallCap 600

Addition

World Fuel Services

INT

Energy


S&P SmallCap 600

Addition

Lakeland Financial

LKFN

Financials


S&P SmallCap 600

Deletion

Spok Holdings

SPOK

Communication
Services


S&P SmallCap 600

Deletion

GameStop

GME

Consumer
Discretionary

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 been innovating and developing indices across the spectrum of asset classes helping to 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

Cision View original content:https://www.prnewswire.com/news-releases/gxo-logistics-victorias-secret--gamestop-set-to-join-sp-midcap-400-strategic-education-world-fuel-services--lakeland-financial-to-join-sp-smallcap-600-301342642.html

SOURCE S&P Dow Jones Indices

Copyright 2021 PR Newswire

GameStop (NYSE:GME)
Historical Stock Chart
From Aug 2021 to Sep 2021 Click Here for more GameStop Charts.
GameStop (NYSE:GME)
Historical Stock Chart
From Sep 2020 to Sep 2021 Click Here for more GameStop Charts.