NEW YORK, Aug. 28, 2018 /PRNewswire/ -- S&P
SmallCap 600 constituent Marriot Vacations Worldwide Corp. (NYSE:
VAC) will replace ILG Inc. (NASD: ILG) in the S&P MidCap 400,
and Unisys Corp. (NYSE: UIS) will replace Marriot Vacations
Worldwide in the S&P SmallCap 600 effective prior to the open
of trading on Tuesday, September 4.
Marriot Vacations Worldwide is acquiring ILG in a deal expected to
be completed soon pending final conditions. Post-merger Marriot
Vacations Worldwide will be more representative of the mid-cap
market space.
Marriot Vacations Worldwide develops, markets, sells, and
manages vacation ownership and related products. Headquartered in
Orlando, FL, the company will be
added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Hotels, Resorts & Cruise Lines
Sub-Industry index.
Unisys provides information technology services. Headquartered
in Blue Bell, PA, the company will
be added to the S&P SmallCap 600 GICS IT Consulting & Other
Services Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – SEPTEMBER 4, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Marriot
Vacations
Worldwide
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise
Lines
|
|
DELETED
|
ILG
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise
Lines
|
|
|
|
S&P SMALLCAP
600 INDEX – SEPTEMBER 4, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Unisys
|
Information
Technology
|
IT Consulting &
Other
Services
|
|
DELETED
|
Marriot
Vacations
Worldwide
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise
Lines
|
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