NEW YORK, June 26, 2017 /PRNewswire/ -- S&P
SmallCap 600 constituent Blackbaud Inc. (NASD: BLKB) will replace
CST Brands Inc. (NYSE: CST) in the S&P MidCap 400, and National
Storage Affiliates Trust (NYSE: NSA) will replace Blackbaud in the
S&P SmallCap 600 effective prior to the open on Thursday, June 29. Alimentation Couche-Tard Inc.
is acquiring CST Brands in a deal expected to be completed soon
pending final closing conditions.
Blackbaud provides cloud software solutions to nonprofits,
foundations, corporations, education institutions, healthcare
organizations, and other charitable giving entities. Headquartered
in Charleston, SC, the company
will be added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Application Software Sub-Industry
index.
National Storage Affiliates, a real estate investment trust
(REIT), engages in ownership, operation, and acquisition of
self-storage facilities. Headquartered in Greenwood Village, CO, the company will be
added to the S&P SmallCap 600 GICS Specialized REITs
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – June 29, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Blackbaud
|
Information
Technology
|
Application
Software
|
DELETED
|
CST Brands
|
Consumer
Discretionary
|
Automotive
Retail
|
S&P SMALLCAP
600 INDEX – June 29, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
National Storage
Affiliates
|
Real
Estate
|
Specialized
REIT's
|
DELETED
|
Blackbaud
|
Information
Technology
|
Application
Software
|
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visit www.spdji.com
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Soogyung Jordan
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(+1) 212 438 2297
soogyung.jordan@spglobal.com
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Director and Chairman of the Index Committee
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(+1) 212 438 3907
david.blitzer@spglobal.com
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SOURCE S&P Dow Jones Indices