NEW YORK, Sept. 30, 2013
/PRNewswire/ -- HCI Group Inc. (NYSE: HCI) will replace
Maidenform Brands Inc. (NYSE: MFB) in the S&P SmallCap 600
after the close of trading on Friday,
October 4. S&P MidCap 400 constituent Hanesbrands Inc.
(NYSE: HBI) is acquiring Maidenform Brands in a deal expected to be
completed on or about that date pending final approvals.
HCI Group provides property and casualty insurance products.
Headquartered in Tampa, FL, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Property & Casualty Insurance
Sub-Industry index.
Following is a summary of the change:
|
S&P SMALLCAP
600 INDEX – October 4, 2013
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
HCI Group
|
Financials
|
Property &
Casualty Insurance
|
|
DELETED
|
Maidenform
Brands
|
Consumer
Discretionary
|
Apparel, Accessories
and Luxury Goods
|
Additions to and deletions from S&P Dow Jones Indices do not
in any way reflect an opinion on the investment merits of the
companies involved.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a part of McGraw Hill Financial,
is the world's largest, global resource for index-based concepts,
data and research. Home to iconic financial market indicators, such
as the S&P 500® and the Dow Jones Industrial Average™, S&P
Dow Jones Indices LLC has over 115 years of experience constructing
innovative and transparent solutions that fulfill the needs of
investors. More assets are invested in products based upon our
indices than any other provider in the world. With over 830,000
indices covering a wide range of asset classes across the globe,
S&P Dow Jones Indices LLC defines the way investors measure and
trade the markets. To learn more about our company, please visit
www.spdji.com.
Standard & Poor's and S&P are registered trademarks
of Standard & Poor's Financial Services LLC, a part of McGraw
Hill Financial. Dow Jones is a registered trademark of Dow Jones
Trademark Holdings LLC ("Dow Jones"). These trademarks have
been licensed to S&P Dow Jones Indices LLC. It is not possible
to invest directly in an index. S&P Dow Jones Indices LLC, Dow
Jones, S&P and their respective affiliates (collectively
"S&P Dow Jones Indices") do not sponsor, endorse, sell, or
promote any investment fund or other investment vehicle that is
offered by third parties and that seeks to provide an investment
return based on the performance of any index. This document does
not constitute an offer of services in jurisdictions where S&P
Dow Jones Indices does not have the necessary licenses. S&P Dow
Jones Indices receives compensation in connection with licensing
its indices to third parties.
For more information:
Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907
SOURCE S&P Dow Jones Indices