Healthcare Trust of America & Coca-Cola Consolidated Set to Join S&P MidCap 400; Green Brick Partners to Join S&P SmallCap 600
NEW YORK, July 13, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- S&P SmallCap 600 constituent Coca-Cola Consolidated Inc. (NASD: COKE) will replace PS Business Parks Inc. (NYSE:PSB) in the S&P MidCap 400, and Green Brick Partners Inc. (NYSE:GRBK) will replace Coca-Cola Consolidated in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 20. Blackstone Inc. (NYSE:BX) is acquiring PS Business Parks in a deal expected to be completed on or about that date, pending final closing conditions.
- Healthcare Trust of America Inc. (NYSE:HTA) will replace Healthcare Realty Trust Inc. (NYSE:HR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, July 21. Healthcare Trust of America is acquiring Healthcare Realty Trust in a deal expected to be completed on or about that date, pending final closing conditions. Post-merger, Healthcare Trust of America will change its name and symbol to Healthcare Realty Trust Inc. (NYSE:HR).
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 |
July 20, 2022 | S&P MidCap 400 | Addition | Coca-Cola Consolidated | COKE | Consumer Staples |
S&P MidCap 400 | Deletion | PS Business Parks | PSB | Real Estate | |
S&P SmallCap 600 | Addition | Green Brick Partners | GRBK | Consumer Discretionary | |
S&P SmallCap 600 | Deletion | Coca-Cola Consolidated | COKE | Consumer Staples | |
July 21, 2022 | S&P MidCap 400 | Addition | Healthcare Trust of America | HTA | Real Estate |
S&P MidCap 400 | Deletion | Healthcare Realty Trust | HR | Real Estate |
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SOURCE S&P Dow Jones Indices