NEW YORK, May 26, 2015 /PRNewswire/ -- S&P
SmallCap 600 constituent Bank of the Ozarks Inc. (NASD: OZRK) will
replace Exelis Inc. (NYSE: XLS) in the S&P MidCap 400, and
Hawaiian Holdings Inc. (NASD: HA) will replace Bank of the Ozarks
in the S&P SmallCap 600 after the close of trading on
Thursday, May 28. S&P 500
constituent Harris Corp. (NYSE: HRS) is acquiring Exelis in a deal
expected to be completed before the opening of trading on
Friday, May 29.
Bank of the Ozarks provides a range of retail and commercial
banking services. Headquartered in Little
Rock, AR, the company will be added to the S&P MidCap
400 GICS (Global Industry Classification Standard) Regional Banks
Sub-Industry index.
Hawaiian Holdings engages in the scheduled air transportation of
passengers and cargo. Headquartered in Honolulu, HI, the company will be added to the
S&P SmallCap 600 GICS Airlines Sub-Industry index.
Following is a summary of the changes:
S&P MidCap 400
INDEX – May 28, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Bank of the
Ozarks
|
Financials
|
Regional
Banks
|
DELETED
|
Exelis
|
Industrials
|
Aerospace &
Defense
|
S&P SmallCap
600 INDEX – May 28, 2015
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Hawaiian
Holdings
|
Industrials
|
Airlines
|
DELETED
|
Bank of the
Ozarks
|
Financials
|
Regional
Banks
|
Additions to and deletions from S&P Dow Jones Indices
do not in any way reflect an opinion on the investment merits of
the companies involved.
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visit:http://www.prnewswire.com/news-releases/bank-of-the-ozarks-set-to-join-the-sp-midcap-400-hawaiian-holdings-to-be-added-to-the-sp-smallcap-600-300088995.html
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