NEW YORK, Oct. 24, 2019 /PRNewswire/ -- S&P SmallCap
600 constituent FTI Consulting Inc. (NYSE: FCN) will replace
Medidata Solutions Inc. (NASD: MDSO) in the S&P MidCap 400, and
KKR Real Estate Finance Trust Inc. (NYSE: KREF) will replace FTI
Consulting in the S&P SmallCap 600 effective prior to the open
of trading on Wednesday, October 30. Dassault Systemes SA is
acquiring Medidata Solutions in a transaction expected to be
completed on or about that date pending final conditions.
FTI Consulting provides business advisory services.
Headquartered in Washington, D.C.,
the company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Research & Consulting
Services Sub-Industry index.
KKR Real Estate Finance Trust, a real estate finance company,
focuses primarily on originating and acquiring senior loans secured
by commercial real estate assets. Headquartered in New York, NY, the company will be added to the
S&P SmallCap 600 GICS Mortgage REITs Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – October 30, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
FTI
Consulting
|
Industrials
|
Research &
Consulting
Services
|
|
DELETED
|
Medidata
Solutions
|
Health
Care
|
Health Care
Technology
|
|
S&P SMALLCAP
600 INDEX – October 30, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
KKR Real Estate
Finance Trust
|
Financials
|
Mortgage
REITs
|
|
DELETED
|
FTI
Consulting
|
Industrials
|
Research &
Consulting
Services
|
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SOURCE S&P Dow Jones Indices