10/18/2021 | Press release | Distributed by Public on 10/18/2021 17:30
NEW YORK, Oct. 18, 2021/PRNewswire/ -- S&P SmallCap 600 constituent Kite Realty Group Trust (NYSE:KRG) will replace LendingTree Inc. (NASD:TREE) in the S&P MidCap 400, LendingTree will replace Kite Realty Group Trust in the S&P SmallCap 600, and Harmony Biosciences Holdings Inc. (NASD:HRMY) will replace Retail Properties of America Inc. (NYSE:RPAI) in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 22. Kite Realty Group Trust is acquiring Retail Properties of America in a deal expected to close soon pending final closing conditions. LendingTree 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 |
Oct 22, 2021 |
S&P MidCap 400 |
Addition |
Kite Realty Group Trust |
KRG |
Real Estate |
|
|
Deletion |
LendingTree |
TREE |
Financials |
|
S&P SmallCap 600 |
Addition |
Harmony Biosciences |
HRMY |
Health Care |
|
|
Addition |
LendingTree |
TREE |
Financials |
|
|
Deletion |
Retail Properties of America |
RPAI |
Real Estate |
|
|
Deletion |
Kite Realty Group Trust |
KRG |
Real Estate |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dowinvented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
S&P Dow Jones Indices
[email protected]
Media Inquiries
[email protected]
SOURCE S&P Dow Jones Indices