NEW YORK, Oct. 18, 2018 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P
SmallCap 600 effective at the open of trading on Tuesday, October 23:
- Flagstar Bancorp Inc. (NYSE:FBC) will replace SUPERVALU Inc.
(NYSE:SVU) in the S&P SmallCap 600. S&P MidCap 400
constituent United Natural Foods Inc. (NASD: UNFI) is acquiring
SUPERVALU in a deal expected to close on October 22 pending final conditions.
- TechTarget Inc. (NASD: TTGT) will replace Perry Ellis
International Inc. (NASD: PERY) in the S&P SmallCap 600. Perry
Ellis International is being taken private in a deal expected to
close soon pending final conditions.
Flagstar Bancorp provides commercial, small business, and
consumer banking services. Headquartered in Troy, MI, the company will be added to the
S&P SmallCap 600 (Global Industry Classification Standard) GICS
Thrifts & Mortgage Finance Sub-Industry index.
TechTarget provides specialized online content for buyers of
enterprise information technology products and services.
Headquartered in Newton, MA, the
company will be added to the S&P SmallCap 600 GICS Advertising
Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP
600 INDEX – OCTOBER 23, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Flagstar
Bancorp
|
Financials
|
Thrift & Mortgage
Finance
|
|
TechTarget
|
Communication
Services
|
Advertising
|
DELETED
|
SUPERVALU
|
Consumer
Staples
|
Food
Retail
|
|
Perry Ellis
International
|
Consumer
Discretionary
|
Apparel, Accessories
& Luxury Goods
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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David Blitzer
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New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
S&P Dow Jones Indices
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SOURCE S&P Dow Jones Indices