NEW
YORK, Oct. 13, 2023 /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 effective
prior to the opening of trading on Wednesday, October 18:
- Lululemon Athletica Inc. (NASD:LULU) will replace Activision
Blizzard Inc. (NASD:ATVI) in the S&P 500. S&P 500 and
S&P 100 constituent Microsoft Corp. (NASD: MSFT) acquired
Activision Blizzard in a transaction completed today, October 13.
- S&P MidCap 400 constituent Hubbell Inc. (NYSE:HUBB) will
replace Organon & Co. (NYSE:OGN) in the S&P 500, S&P
SmallCap 600 constituent Onto Innovation Inc. (NYSE:ONTO) will
replace Hubbell in the S&P MidCap 400, and Organon & Co
will replace Onto Innovation in the S&P SmallCap 600. Hubbell
is more representative of the large-cap market space, Onto
Innovation is more representative of the mid-cap market space, and
Organon & Co is more representative of the small-cap market
space.
Following is a summary of the changes that will take place prior
to the open of trading on the effective date:
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS
Sector
|
October 18,
2023
|
S&P 500
|
Addition
|
Lululemon
Athletica
|
LULU
|
Consumer
Discretionary
|
|
S&P 500
|
Addition
|
Hubbell
|
HUBB
|
Industrials
|
|
S&P 500
|
Deletion
|
Activision
Blizzard
|
ATVI
|
Communication
Services
|
|
S&P 500
|
Deletion
|
Organon &
Co
|
OGN
|
Health Care
|
|
S&P MidCap
400
|
Addition
|
Onto
Innovation
|
ONTO
|
Information
Technology
|
|
S&P MidCap
400
|
Deletion
|
Hubbell
|
HUBB
|
Industrials
|
|
S&P SmallCap
600
|
Addition
|
Organon &
Co
|
OGN
|
Health Care
|
|
S&P SmallCap
600
|
Deletion
|
Onto
Innovation
|
ONTO
|
Information
Technology
|
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:
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Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
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