NEW
YORK, Sept. 23, 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:
- PG&E Corp. (NYSE: PCG) will replace Citrix Systems Inc.
(NASD: CTXS) in the S&P 500 effective prior to the opening of
trading on Monday, October 3. Vista
Equity Partners is acquiring Citrix Systems in a transaction
expected to be completed September
30, pending final conditions.
- S&P MidCap 400 constituent EQT Corp. (NYSE: EQT) will
replace Duke Realty Corp. (NYSE: DRE) in the S&P 500, S&P
SmallCap 600 constituent ExlService Holdings Inc. (NASD: EXLS) will
replace EQT in the S&P MidCap 400, and Mister Car Wash Inc.
(NYSE: MCW) will replace ExlService Holdings in the S&P
SmallCap 600 effective prior to the opening of trading on
Monday, October 3. S&P 500
constituent Prologis Inc. (NYSE: PLD) is acquiring Duke Realty in a
transaction expected to be completed on or about that date, pending
final conditions.
- Leslie's Inc. (NASD: LESL) will replace GCP Applied
Technologies Inc. (NYSE: GCP) in the S&P SmallCap 600 effective
prior to the opening of trading on Wednesday, September 28. Compagnie de
Saint-Gobian S.A. is acquiring GCP Applied Technologies in a
transaction expected to be completed on or about that date, pending
final conditions.
- CBTX Inc. (NASD: CBTX) will replace Allegiance Bancshares Inc.
(NASD: ABTX) in the S&P SmallCap 600 effective prior to the
opening of trading on Monday, October
3. CBTX is acquiring Allegiance Bancshares in a transaction
expected to be completed October 1,
pending final conditions. Post-acquisition, the combined company
will change its name and ticker symbol to Stellar Bancorp (NASD:
STEL).
- Xperi Inc. (NYSE: XPER) will be added to the S&P SmallCap
600 prior to the open of trading on Monday,
October 3 replacing SelectQuote Inc. (NYSE: SLQT), which
will be removed from the S&P SmallCap 600 effective prior to
the opening of trading on Tuesday, October
4. S&P SmallCap 600 constituent Xperi Holdings Corp.
(NASD: XPER) is spinning off Xperi (new) in a transaction expected
to be completed October 3, pending
final conditions. Post spin-off, parent company Xperi Holdings will
remain in the S&P SmallCap 600. It will change its name and
ticker symbol to Adeia Inc. (NASD: ADEA). SelectQuote 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
|
Sept. 28,
2022
|
S&P SmallCap
600
|
Addition
|
Leslie's
|
LESL
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Deletion
|
GCP Applied
Tech
|
GCP
|
Materials
|
Oct. 3,
2022
|
S&P 500
|
Addition
|
PG&E
|
PCG
|
Utilities
|
|
S&P 500
|
Addition
|
EQT
|
EQT
|
Energy
|
|
S&P 500
|
Deletion
|
Citrix
Systems
|
CTXS
|
Information
Technology
|
|
S&P 500
|
Deletion
|
Duke Realty
|
DRE
|
Real Estate
|
|
S&P MidCap
400
|
Addition
|
ExlService
Holdings
|
EXLS
|
Information
Technology
|
|
S&P MidCap
400
|
Deletion
|
EQT
|
EQT
|
Energy
|
|
S&P SmallCap
600
|
Addition
|
Mister Car
Wash
|
MCW
|
Consumer
Discretionary
|
|
S&P SmallCap
600
|
Addition
|
Xperi (new)
|
XPER
|
Information
Technology
|
|
S&P SmallCap
600
|
Addition
|
CBTX
|
CBTX
|
Financials
|
|
S&P SmallCap
600
|
Deletion
|
ExlService
Holdings
|
EXLS
|
Information
Technology
|
|
S&P SmallCap
600
|
Deletion
|
Allegiance
Bancshares
|
ABTX
|
Financials
|
Oct. 4,
2022
|
S&P SmallCap
600
|
Deletion
|
SelectQuote
|
SLQT
|
Financials
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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