NEW YORK, June 6, 2018 /PRNewswire/ -- S&P
SmallCap 600 constituent Ollie's Bargain Outlet Holdings Inc.
(NASD: OLLI) will replace Orbital ATK Inc. (NYSE: OA) in the
S&P MidCap 400, and Berkshire Hills Bancorp Inc. (NYSE: BHLB)
will replace Ollie's Bargain Outlet Holdings in the S&P
SmallCap 600 effective prior to the open of trading on Monday, June 11. S&P 500 constituent Northrop
Grumman Corp. (NYSE: NOC) is acquiring Orbital ATK in a deal
expected to be completed today.
Ollie's Bargain Outlet Holdings operates as a retailer of brand
name merchandise. Headquartered in Harrisburg, PA, the company will be added to
the S&P MidCap 400 GICS (Global Industry Classification
Standard) General Merchandise Stores Sub-Industry index.
Berkshire Hills Bancorp provides various banking products and
services. Headquartered in Boston,
MA, the company will be added to the S&P SmallCap 600
GICS Regional Banks Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – JUNE 11, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Ollie's Bargain
Outlet Holdings
|
Consumer
Discretionary
|
General Merchandise
Stores
|
|
DELETED
|
Orbital
ATK
|
Industrials
|
Aerospace &
Defense
|
|
S&P SMALLCAP
600 INDEX – JUNE 11, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Berkshire Hills
Bancorp
|
Financials
|
Regional
Banks
|
|
DELETED
|
Ollie's Bargain
Outlet Holdings
|
Consumer
Discretionary
|
General Merchandise
Stores
|
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