NEW
YORK, June 3, 2022 /PRNewswire/ -- S&P Dow
Jones Indices ("S&P DJI") will make the following changes to
the S&P 500, S&P MidCap 400 and S&P SmallCap 600
indices:
- VICI Properties Inc. (NYSE:VICI) will replace Cerner Corp.
(NASD: CERN) in the S&P 500 prior to the open of trading on
Wednesday, June 8. S&P 500
constituent Oracle Corp. (NYSE:ORCL) is acquiring Cerner in a deal
expected to be completed soon.
- The following changes to the S&P 500, S&P MidCap 400
and S&P SmallCap 600 are being made to ensure each index is
more representative of its market capitalization range. These
changes will be effective prior to the open of trading on
Tuesday, June 21, (post close on
Friday, June 17) to coincide with the
quarterly rebalance. Please note that the US equity markets will be
closed on Monday, June 20, for
Juneteenth National Independence Day observance:
Keurig Dr Pepper Inc. (NASD:KDP) and ON
Semiconductor Corp. (NASD: ON) will replace Under Armour Inc.
(NYSE:UA/UAA) and IPG Photonics Corp. (NASD: IPGP) respectively in
the S&P 500. Under Armour and IPG Photonics will replace
Trinity Industries Inc. (NYSE:TRN) and Yelp Inc. (NYSE:YELP)
respectively in the S&P MidCap 400. Trinity Industries and Yelp
will replace Endo International plc (NASD:ENDP) and Red Robin
Gourmet Burgers Inc. (NASD:RRGB) respectively in the S&P
SmallCap 600.
Sotera Health Co. (NASD:SHC) and Shockwave
Medical Inc. (NASD:SWAV) will replace Urban Outfitters Inc.
(NASD:URBN) and LiveRamp Holdings Inc. (NYSE:RAMP) respectively in
the S&P MidCap 400. Urban Outfitters and LiveRamp Holdings will
replace Tactile Systems Technology Inc. (NASD:TCMD) and Vera
Bradley Inc. (NASD: VRA) respectively in the S&P SmallCap 600.
Ironwood Pharmaceuticals Inc. (NASD: IRWD) will replace Greenhill
& Co Inc. (NYSE:GHL) in the S&P SmallCap 600.
All companies moving from the S&P 500 to the
S&P MidCap 400 are more representative of the mid-cap market
space, and all companies moving from the S&P MidCap 400 to the
S&P SmallCap 600 are more representative of the small-cap
market space. The companies being discretionarily removed from the
S&P SmallCap 600 are no longer 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
|
June 8, 2022
|
S&P 500
|
Addition
|
VICI
Properties
|
VICI
|
Real Estate
|
June 8, 2022
|
S&P 500
|
Deletion
|
Cerner
|
CERN
|
Health Care
|
June 21,
2022
|
S&P 500
|
Addition
|
Keurig Dr
Pepper
|
KDP
|
Consumer
Staples
|
June 21,
2022
|
S&P 500
|
Addition
|
ON
Semiconductor
|
ON
|
Information
Technology
|
June 21,
2022
|
S&P 500
|
Deletion
|
Under Armour
|
UA/UAA
|
Consumer
Discretionary
|
June 21,
2022
|
S&P 500
|
Deletion
|
IPG
Photonics
|
IPGP
|
Information
Technology
|
June 21,
2022
|
S&P MidCap
400
|
Addition
|
Under Armour
|
UA/UAA
|
Consumer
Discretionary
|
June 21,
2022
|
S&P MidCap
400
|
Addition
|
IPG
Photonics
|
IPGP
|
Information
Technology
|
June 21,
2022
|
S&P MidCap
400
|
Addition
|
Sotera
Health
|
SHC
|
Health Care
|
June 21,
2022
|
S&P MidCap
400
|
Addition
|
Shockwave
Medical
|
SWAV
|
Health Care
|
June 21,
2022
|
S&P MidCap
400
|
Deletion
|
Trinity
Industries
|
TRN
|
Industrials
|
June 21,
2022
|
S&P MidCap
400
|
Deletion
|
Yelp
|
YELP
|
Communication
Services
|
June 21,
2022
|
S&P MidCap
400
|
Deletion
|
Urban
Outfitters
|
URBN
|
Consumer
Discretionary
|
June 21,
2022
|
S&P MidCap
400
|
Deletion
|
LiveRamp
Holdings
|
RAMP
|
Information
Technology
|
June 21,
2022
|
S&P SmallCap
600
|
Addition
|
Trinity
Industries
|
TRN
|
Industrials
|
June 21,
2022
|
S&P SmallCap
600
|
Addition
|
Yelp
|
YELP
|
Communication
Services
|
June 21,
2022
|
S&P SmallCap
600
|
Addition
|
Urban
Outfitters
|
URBN
|
Consumer
Discretionary
|
June 21,
2022
|
S&P SmallCap
600
|
Addition
|
LiveRamp
Holdings
|
RAMP
|
Information
Technology
|
June 21,
2022
|
S&P SmallCap
600
|
Addition
|
Ironwood
Pharmaceuticals
|
IRWD
|
Health Care
|
June 21,
2022
|
S&P SmallCap
600
|
Deletion
|
Endo
International
|
ENDP
|
Health Care
|
June 21,
2022
|
S&P SmallCap
600
|
Deletion
|
Red Robin Gourmet
Burgers
|
RRGB
|
Consumer
Discretionary
|
June 21,
2022
|
S&P SmallCap
600
|
Deletion
|
Tactile Systems
Technology
|
TCMD
|
Health Care
|
June 21,
2022
|
S&P SmallCap
600
|
Deletion
|
Vera Bradley
|
VRA
|
Consumer
Discretionary
|
June 21,
2022
|
S&P SmallCap
600
|
Deletion
|
Greenhill &
Co
|
GHL
|
Financials
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES INDICES
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