NEW YORK, Jan. 26, 2022 /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:
- Constellation Energy Corp. (NASD:CEG) will replace The Gap Inc.
(NYSE:GPS) in the S&P 500, The Gap will replace Jack in the Box
Inc. (NASD:JACK) in the S&P MidCap 400, and Jack in the Box
will replace Spectrum Pharmaceuticals Inc.(NASD:SPPI) in the
S&P SmallCap 600 prior to the opening of trading on
Thursday, February 3. S&P 500 and
100 constituent Exelon Corp. (NASD: EXC) is spinning off
Constellation Energy in a transaction expected to be completed on
February 2. Post spin-off, Exelon
will remain in the S&P 500 and 100. The Gap is more
representative of the mid-cap market space, and Jack in the Box is
more representative of the small-cap market space. Spectrum
Pharmaceuticals is no longer representative of the small-cap market
space.
- S&P SmallCap 600 constituent Watts Water Technologies Inc.
(NYSE:WTS) will replace Sterling Bancorp/DE (NYSE:STL) in the
S&P MidCap 400, and Hostess Brands Inc. (NASD:TWNK) will
replace Watts in the S&P SmallCap 600 effective prior to the
opening of trading on Tuesday, February
1. Webster Financial Corp (NYSE: WBS) is acquiring Sterling
Bancorp in a transaction expected to be completed soon pending
final closing conditions.
- Euronet Worldwide Inc. (NASD:EEFT) will replace Compass
Minerals International Inc. (NYSE:CMP) in the S&P MidCap 400,
and Compass Minerals International will replace Great Western
Bancorp Inc. (NYSE:GWB) in the S&P SmallCap 600 effective prior
to the opening of trading on Tuesday,
February 1. First Interstate BancSystem Inc. (NASD: FIBK) is
acquiring Great Western Bancorp in a transaction expected to be
completed soon pending final closing conditions. Compass Minerals
is no longer representative of the mid-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
|
|
February 1,
2022
|
S&P MidCap
400
|
Addition
|
Euronet
Worldwide
|
EEFT
|
Information
Technology
|
|
February 1,
2022
|
S&P MidCap
400
|
Addition
|
Watts Water
Technologies
|
WTS
|
Industrials
|
|
February 1,
2022
|
S&P MidCap
400
|
Deletion
|
Compass
Minerals
|
CMP
|
Materials
|
|
February 1,
2022
|
S&P MidCap
400
|
Deletion
|
Sterling
Bancorp
|
STL
|
Financials
|
|
February 1,
2022
|
S&P SmallCap
600
|
Addition
|
Compass
Minerals
|
CMP
|
Materials
|
|
February 1,
2022
|
S&P SmallCap
600
|
Addition
|
Hostess
Brands
|
TWNK
|
Consumer
Staples
|
|
February 1,
2022
|
S&P SmallCap
600
|
Deletion
|
Great Western
Bancorp
|
GWB
|
Financials
|
|
February 1,
2022
|
S&P SmallCap
600
|
Deletion
|
Watts Water
Technologies
|
WTS
|
Industrials
|
|
February 2,
2022
|
S&P
500
|
Addition
|
Constellation
Energy
|
CEG
|
Utilities
|
|
February 3,
2022
|
S&P
500
|
Deletion
|
Gap
|
GPS
|
Consumer
Discretionary
|
|
February 3,
2022
|
S&P MidCap
400
|
Addition
|
Gap
|
GPS
|
Consumer
Discretionary
|
|
February 3,
2022
|
S&P MidCap
400
|
Deletion
|
Jack in the
Box
|
JACK
|
Consumer
Discretionary
|
|
February 3,
2022
|
S&P SmallCap
600
|
Addition
|
Jack in the
Box
|
JACK
|
Consumer
Discretionary
|
|
February 3,
2022
|
S&P SmallCap
600
|
Deletion
|
Spectrum
Pharmaceuticals
|
SPPI
|
Health
Care
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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