NEW YORK, March 18, 2019 /PRNewswire/ -- S&P SmallCap
600 constituent First Financial Bankshares Inc. (NASD: FFIN) will
replace MB Financial Inc. (NASD: MBFI) in the S&P MidCap 400,
and Ferro Corp. (NYSE: FOE) will replace First Financial Bankshares
in the S&P SmallCap 600 effective prior to the open of trading
on Friday, March 22. S&P 500
constituent Fifth Third Bancorp (NASD: FITB) is acquiring MB
Financial in a transaction expected to be completed soon pending
final conditions.
First Financial provides commercial banking products and
services. Headquartered in Abilene,
TX, the company will be added to the S&P MidCap 400
Global Industry Classification Standard (GICS) Regional Banks
Sub-Industry index.
Ferro produces specialty chemicals. Headquartered in
Mayfield Heights, OH, the company
will be added to the S&P SmallCap 600 GICS Specialty Chemicals
Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – March 22, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
First
Financial
|
Financials
|
Regional
Banks
|
|
DELETED
|
MB
Financial
|
Financials
|
Regional
Banks
|
|
S&P SMALLCAP
600 INDEX – March 22, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Ferro
|
Materials
|
Specialty
Chemicals
|
|
DELETED
|
First
Financial
|
Financials
|
Regional
Banks
|
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