NEW
YORK, May 1, 2024 /PRNewswire/ -- IAC Inc.
(NASD: IAC) will replace American Equity Investment Life Holding
Company (NYSE: AEL) in the S&P SmallCap 600 effective prior to
the opening of trading on Monday, May
6. Brookfield Reinsurance (NYSE/ TSX: BNRE) is acquiring
American Equity Investment Life Holding Company in a deal expected
to be completed prior to the open on May
3.
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
|
|
May 6,
2024
|
S&P SmallCap
600
|
Addition
|
IAC
|
IAC
|
Communication
Services
|
|
S&P SmallCap
600
|
Deletion
|
American Equity
Investment Life Holdings
|
AEL
|
Financials
|
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