Interactive Brokers Group Set to Join S&P 500, Talen Energy to Join S&P MidCap 400 and Kinetik Holdings to Join S&P SmallCap 600
NEW YORK, Aug. 25, 2025 /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:
- S&P MidCap 400 constituent Interactive Brokers Group Inc. (NASD: IBKR) will replace Walgreens Boots Alliance Inc. (NASD: WBA) in the S&P 500, and Talen Energy Corp. (NASD: TLN) will replace Interactive Brokers Group in the S&P MidCap 400 effective prior to the opening of trading on Thursday, August 28. Sycamore Partners is acquiring Walgreens Boots Alliance in a deal expected to be completed soon, pending final closing conditions.
- Kinetik Holdings Inc. (NYSE:KNTK) will replace Pacific Premier Bancorp Inc. (NASD: PPBI) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, September 2. S&P MidCap 400 constituent Columbia Banking System Inc. (NASD: COLB) is acquiring Pacific Premier Bancorp in a deal expected to close soon, pending final closing conditions.
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 |
Aug 28, 2025 | S&P 500 | Addition | Interactive Brokers Group | IBKR | Financials |
Aug 28, 2025 | S&P 500 | Deletion | Walgreens Boots Alliance | WBA | Consumer Staples |
Aug 28, 2025 | S&P MidCap 400 | Addition | Talen Energy | TLN | Utilities |
Aug 28, 2025 | S&P MidCap 400 | Deletion | Interactive Brokers Group | IBKR | Financials |
Sept 2, 2025 | S&P SmallCap 600 | Addition | Kinetik Holdings | KNTK | Energy |
Sept 2, 2025 | S&P SmallCap 600 | Deletion | Pacific Premier Bancorp | PPBI | Financials |
For more information about S&P Dow Jones Indices, please visit www.spdji.com.
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SOURCE S&P Dow Jones Indices
