NEW YORK, Dec. 17, 2019 /PRNewswire/ -- Columbia Sportswear
Company (NASD: COLM) will replace Uniti Group Inc. (NASD: UNIT) in
the S&P MidCap 400, and Uniti Group Inc. will replace Carrizo
Oil & Gas Inc. (NASD: CRZO) in the S&P SmallCap 600 prior
to the open of trading on Monday, December
23. Callon Petroleum Company (NYSE: CPE) is acquiring
Carrizo Oil & Gas Inc. in a deal expected to be completed soon
pending final conditions. Uniti Group has a market capitalization
that is more representative of the small-cap market space.
Columbia Sportswear Company designs, sources, markets, and
distributes outdoor and active lifestyle apparel, footwear,
accessories, and equipment. Headquartered in Portland, OR, the company will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard)
Apparel, Accessories & Luxury Goods Sub-Industry index.
Uniti Group, an internally managed real estate investment trust,
is engaged in the acquisition and construction of communications
infrastructure and is a provider of wireless infrastructure
solutions for the communications industry. Headquartered in
Little Rock, AR, the company will
be added to the S&P SmallCap 600 GICS Specialized REITs
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – December 23, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Columbia
Sportswear
|
Consumer
Discretionary
|
Apparel, Accessories
&
Luxury Goods
|
DELETED
|
Uniti
Group
|
Real
Estate
|
Specialized
REITs
|
S&P SMALLCAP
600 INDEX – December 23, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Uniti
Group
|
Real
Estate
|
Specialized
REITs
|
DELETED
|
Carrizo Oil &
Gas
|
Energy
|
Oil & Gas
Exploration &
Production
|
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
View original
content:http://www.prnewswire.com/news-releases/columbia-sportswear-set-to-join-sp-midcap-400-and-uniti-group-to-join-sp-smallcap-600-300976529.html
SOURCE S&P Dow Jones Indices