NEW YORK, July 28, 2020 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P MidCap 400
and S&P SmallCap 600 effective prior to the opening of trading
on Monday, August 3:
- S&P SmallCap 600 constituent Sunrun Inc. (NASD:RUN) will
replace Legg Mason Inc. (NYSE:LM) in the S&P MidCap 400, and
Bancfirst Corp. (NASD:BANF) will replace Sunrun in the S&P
SmallCap 600. S&P 500 constituent Franklin Resources Inc.
(NYSE: BEN) is acquiring Legg Mason
in a deal expected to be completed soon pending final
conditions.
- IAA Inc. (NYSE:IAA) will replace Deluxe Corp. (NYSE:DLX) in the
S&P MidCap 400, and Deluxe will replace El Paso Electric Co.
(NYSE:EE) in the S&P SmallCap 600. El Paso Electric is being
acquired in a deal expected to close soon pending final conditions.
Deluxe has a market capitalization more representative of the
small-cap market space.
- Rexford Industrial Realty Inc. (NYSE:REXR) will replace
Carpenter Technology Corp. (NYSE:CRS) in the S&P MidCap 400,
and Carpenter Technology will replace Cedar Realty Trust Inc.
(NYSE:CDR) in the S&P SmallCap 600. Carpenter Technology has a
market capitalization more representative of the small-cap market
space. Cedar Realty Trust is ranked near the bottom of the S&P
SmallCap 600 and is 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
|
|
August 3,
2020
|
S&P MidCap
400
|
Addition
|
Sunrun
|
RUN
|
Industrials
|
|
August 3,
2020
|
S&P MidCap
400
|
Deletion
|
Legg Mason
|
LM
|
Financials
|
|
August 3,
2020
|
S&P SmallCap
600
|
Addition
|
Bancfirst
|
BANF
|
Financials
|
|
August 3,
2020
|
S&P SmallCap
600
|
Deletion
|
Sunrun
|
RUN
|
Industrials
|
|
August 3,
2020
|
S&P MidCap
400
|
Addition
|
IAA
|
IAA
|
Industrials
|
|
August 3,
2020
|
S&P MidCap
400
|
Deletion
|
Deluxe
|
DLX
|
Industrials
|
|
August 3,
2020
|
S&P MidCap
400
|
Addition
|
Rexford Industrial
Realty
|
REXR
|
Real
Estate
|
|
August 3,
2020
|
S&P MidCap
400
|
Deletion
|
Carpenter
Technology
|
CRS
|
Materials
|
|
August 3,
2020
|
S&P SmallCap
600
|
Addition
|
Deluxe
Corp
|
DLX
|
Industrials
|
|
August 3,
2020
|
S&P SmallCap
600
|
Deletion
|
El Paso Electric
Co
|
EE
|
Utilities
|
|
August 3,
2020
|
S&P SmallCap
600
|
Addition
|
Carpenter Technology
Corp
|
CRS
|
Materials
|
|
August 3,
2020
|
S&P SmallCap
600
|
Deletion
|
Cedar Realty
Trust
|
CDR
|
Real
Estate
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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