NEW YORK, Oct. 30, 2019 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600 effective prior to the open of trading
on Tuesday, November 5:
- Ceridian HCM Holding Inc. (NYSE: CDAY) will replace Oceaneering
International Inc. (NYSE: OII) in the S&P MidCap 400, and
Oceaneering International will replace Tile Shop Holdings Inc.
(NASD: TTS) in the S&P SmallCap 600. Oceaneering International
has a market capitalization that is more representative of the
small-cap market space. Tile Shop Holdings announced that it is
voluntarily delisting its common shares from NASDAQ and will no
longer trade on an eligible exchange.
- BJ's Wholesale Club Holdings Inc. (NYSE: BJ) will replace
Covetrus Inc. (NASD: CVET) in the S&P MidCap 400, and Covetrus
will replace Assertio Therapeutics Inc. (NASD: ASRT) in the S&P
SmallCap 600. Covetrus has a market capitalization that is more
representative of the small-cap market space. Assertio Therapeutics
is ranked near the bottom of the S&P SmallCap 600 and is no
longer representative of the small-cap market space.
Ceridian HCM Holding operates as a human capital management
software company. Headquartered in Minneapolis, MN, the company will be added to
the S&P MidCap 400 GICS (Global Industry Classification
Standard) Application Software Sub-Industry index.
Oceaneering International provides engineered services and
products to the offshore oil and gas industry, as well as to
defense, aerospace, and commercial theme park industries.
Headquartered in Houston, TX, the
company will be added to the S&P SmallCap 600 GICS Oil &
Gas Equipment & Services Sub-Industry index.
BJ's Wholesale Club Holdings operates as a warehouse club.
Headquartered in Westborough, MA,
the company will be added to the S&P MidCap 400 GICS
HyperMarkets & Super Centers Sub-Industry index.
Covetrus operates as an animal-health technology and services
company. Headquartered in Portland,
ME, the company will be added to the S&P SmallCap 600
GICS Health Care Distributors Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – November 5, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Ceridian HCM
Holding
|
Information
Technology
|
Application
Software
|
|
BJ's Wholesale Club
Holdings
|
Consumer
Staples
|
HyperMarkets &
Super Centers
|
DELETED
|
Oceaneering
International
|
Energy
|
Oil & Gas
Equipment & Services
|
|
Covetrus
|
Health
Care
|
Health Care
Distributors
|
S&P SMALLCAP
600 INDEX – November 5, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Oceaneering
International
|
Energy
|
Oil & Gas
Equipment & Services
|
|
Covetrus
|
Health
Care
|
Health Care
Distributors
|
DELETED
|
Tile Shop
Holdings
|
Consumer
Discretionary
|
Home Improvement
Retail
|
|
Assertio
Therapeutics
|
Health
Care
|
Pharmaceuticals
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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SOURCE S&P Dow Jones Indices