NEW YORK, Feb. 4, 2020 /PRNewswire/ -- Investors Real
Estate Trust (NYSE: IRET) will replace Innophos Holdings Inc.
(NASD: IPHS) in the S&P SmallCap 600 effective prior to the
open of trading on Monday, February
10. One Rock Capital Partners is acquiring Innophos Holdings
in a transaction expected to be completed soon pending final
conditions.
Investors Real Estate Trust is a publicly traded REIT that
focuses on the ownership, management, acquisition, redevelopment,
and development of apartment communities. Headquartered in
Minot, ND, the company will be
added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Residential REITs Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP
600 INDEX – February 10, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Investors Real
Estate
Trust
|
Real
Estate
|
Residential
REITs
|
DELETED
|
Innophos
Holdings
|
Materials
|
Specialty
Chemicals
|
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