Performance Food Group & Digital Turbine Set to Join S&P MidCap 400; TreeHouse Foods & Ligand Pharmaceuticals to Join S&P SmallCap 600
NEW YORK, Aug. 30, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Performance Food Group Co. (NYSE:PFGC) will replace TreeHouse Foods Inc. (NYSE:THS) in the S&P MidCap 400, and TreeHouse Foods will replace Core-Mark Holding Company Inc. (NASD: CORE) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 3. Performance Food Group is acquiring Core-Mark Holding Company in a deal pending final conditions. Treehouse Foods has a market capitalization that is more representative of the small-cap market space.
- Digital Turbine Inc. (NASD: APPS) will replace Ligand Pharmaceuticals Inc. (NASD: LGND) in the S&P MidCap 400, and Ligand Pharmaceuticals will replace Cincinnati Bell Inc. (NYSE:CBB) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, September 7. Macquarie Infrastructure and Real Assets Inc. are acquiring Cincinnati Bell in a deal pending final conditions. Ligand Pharmaceuticals has a market capitalization that is more 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 |
|
Sep 3, 2021 |
S&P MidCap 400 |
Addition |
Performance Food Group |
PFGC |
Consumer Staples |
|
|
S&P MidCap 400 |
Deletion |
TreeHouse Foods |
THS |
Consumer Staples |
|
|
S&P SmallCap 600 |
Addition |
TreeHouse Foods |
THS |
Consumer Staples |
|
|
S&P SmallCap 600 |
Deletion |
Core-Mark Holding |
CORE |
Consumer Discretionary |
|
Sep 7, 2021 |
S&P MidCap 400 |
Addition |
Digital Turbine |
APPS |
Information Technology |
|
|
S&P MidCap 400 |
Deletion |
Ligand Pharmaceuticals |
LGND |
Health Care |
|
|
S&P SmallCap 600 |
Addition |
Ligand Pharmaceuticals |
LGND |
Health Care |
|
|
S&P SmallCap 600 |
Deletion |
Cincinnati Bell |
CBB |
Communication Services |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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SOURCE S&P Dow Jones Indices