NEW YORK, March 12, 2019 /PRNewswire/ -- S&P SmallCap
600 constituent Ingevity Corp. (NYSE: NGVT) will replace Esterline
Technologies Corp. (NYSE: ESL) in the S&P MidCap 400, and
Whiting Petroleum Corp. (NYSE: WLL) will replace Ingevity in the
S&P SmallCap 600 effective prior to the open of trading on
Monday, March 18. S&P 500
constituent TransDigm Group Inc. (NYSE:TDG) is acquiring Esterline
Technologies in a transaction expected to be completed soon pending
final conditions.
Ingevity manufactures and sells specialty chemicals and carbon
materials. Headquartered in North
Charleston, SC, the company will be added to the S&P
MidCap 400 Global Industry Classification Standard (GICS) Specialty
Chemicals Sub-Industry index.
Whiting Petroleum is an independent oil and gas company that
develops, produces, acquires and explores for crude oil, natural
gas and natural gas liquids. Headquartered in Denver, CO, the company will be added to the
S&P SmallCap 600 GICS Oil & Gas Exploration &
Production Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – March 18, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Ingevity
|
Materials
|
Specialty
Chemicals
|
|
DELETED
|
Esterline
Technologies
|
Industrials
|
Aerospace &
Defense
|
|
S&P SMALLCAP
600 INDEX – March 18, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Whiting
Petroleum
|
Energy
|
Oil & Gas
Exploration &
Production
|
|
DELETED
|
Ingevity
|
Materials
|
Specialty
Chemicals
|
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SOURCE S&P Dow Jones Indices