CoStar Group, Invitation Homes Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600
Sep 12, 2022
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S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 19 to coincide with the quarterly rebalance:
- Advanced Micro Devices Inc. will replace DuPont de Nemours Inc. in the S&P 100. Dupont de Neumors is no longer representative of the mega-capitalization market space. It will remain in the S&P 500.
- The following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 are being made to ensure each index is more representative of its market capitalization range:
CoStar Group Inc. and Invitation Homes Inc. will replace PVH Corp. and PENN Entertainment Inc. respectively in the S&P 500. PVH and PENN Entertainment will replace Hudson Pacific Properties Inc. and Mercury General Corp. respectively in the S&P MidCap 400. Hudson Pacific Properties and Mercury General will replace American Public Education Inc and eHealth Inc. respectively in the S&P SmallCap 600.
Dynatrace Inc. and Annaly Capital Management Inc. will replace American Eagle Outfitters Inc. and Minerals Technologies Inc. respectively in the S&P MidCap 400. American Eagle Outfitters and Minerals Technologies will replace CalAmp Corp. and Glatfelter Corp. respectively in the S&P SmallCap 600. Outfront Media Inc. will replace Fossil Group Inc. in the S&P SmallCap 600.
All companies moving from the S&P 500 to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies moving from the S&P MidCap 400 to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being discretionarily removed from the S&P SmallCap 600 are 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. 19, 2022 | S&P 100 | Addition | Advanced Micro Devices | AMD | Information Technology |
Sept. 19, 2022 | S&P 100 | Deletion | DuPont de Nemours | DD | Materials |
Sept. 19, 2022 | S&P 500 | Addition | CoStar Group | CSGP | Industrials |
Sept. 19, 2022 | S&P 500 | Addition | Invitation Homes | INVH | Real Estate |
Sept. 19, 2022 | S&P 500 | Deletion | PVH | PVH | Consumer Discretionary |
Sept. 19, 2022 | S&P 500 | Deletion | PENN Entertainment | PENN | Real Estate |
Sept. 19, 2022 | S&P MidCap 400 | Addition | PVH | PVH | Consumer Discretionary |
Sept. 19, 2022 | S&P MidCap 400 | Addition | PENN Entertainment | PENN | Real Estate |
Sept. 19, 2022 | S&P MidCap 400 | Addition | Dynatrace | DT | Information Technology |
Sept. 19, 2022 | S&P MidCap 400 | Addition | Annaly Capital Management | NLY | Financials |
Sept. 19, 2022 | S&P MidCap 400 | Deletion | Hudson Pacific Properties | HPP | Real Estate |
Sept. 19, 2022 | S&P MidCap 400 | Deletion | Mercury General Corp | MCY | Financials |
Sept. 19, 2022 | S&P MidCap 400 | Deletion | American Eagle Outfitters | AEO | Consumer Discretionary |
Sept. 19, 2022 | S&P MidCap 400 | Deletion | Minerals Technologies | MTX | Materials |
Sept. 19, 2022 | S&P SmallCap 600 | Addition | Hudson Pacific Properties | HPP | Real Estate |
Sept. 19, 2022 | S&P SmallCap 600 | Addition | Mercury General Corp | MCY | Financials |
Sept. 19, 2022 | S&P SmallCap 600 | Addition | American Eagle Outfitters | AEO | Consumer Discretionary |
Sept. 19, 2022 | S&P SmallCap 600 | Addition | Minerals Technologies | MTX | Materials |
Sept. 19, 2022 | S&P SmallCap 600 | Addition | Outfront Media | OUT | Real Estate |
Sept. 19, 2022 | S&P SmallCap 600 | Deletion | American Public Education | APEI | Consumer Discretionary |
Sept. 19, 2022 | S&P SmallCap 600 | Deletion | eHealth | EHTH | Financials |
Sept. 19, 2022 | S&P SmallCap 600 | Deletion | CalAmp | CAMP | Information Technology |
Sept. 19, 2022 | S&P SmallCap 600 | Deletion | Glatfelter | GLT | Materials |
Sept. 19, 2022 | S&P SmallCap 600 | Deletion | Fossil Group | FOSL | Consumer Discretionary |
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