NEW
YORK, Feb. 16, 2023 /PRNewswire/ -- S&P
SmallCap 600 constituent UFP Industries Inc. (NASD: UFPI) will
replace LHC Group Inc. (NASD: LHCG) in the S&P MidCap 400, and
Otter Tail Corp.
(NASD: OTTR) will replace UFP Industries in the S&P SmallCap
600 effective prior to the opening of trading on Thursday, February 23. S&P 500 constituent
UnitedHealth Group Inc. (NYSE: UNH) is acquiring LHC Group in a
deal expected to be completed soon pending final conditions.
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
|
February 23,
2023
|
S&P MidCap
400
|
Addition
|
UFP
Industries
|
UFPI
|
Industrials
|
|
S&P MidCap
400
|
Deletion
|
LHC Group
|
LHCG
|
Health Care
|
|
S&P SmallCap
600
|
Addition
|
Otter Tail
|
OTTR
|
Utilities
|
|
S&P SmallCap
600
|
Deletion
|
UFP
Industries
|
UFPI
|
Industrials
|
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 Dow invented 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
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ufp-industries-set-to-join-sp-midcap-400-otter-tail-to-join-sp-smallcap-600-301749430.html
SOURCE S&P Dow Jones Indices