Hologic, Centene Set to Join the S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, March 24, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

• S&P MidCap 400 constituent Hologic Inc. (NASD: HOLX) will replace Pepco Holdings Inc. (NYSE: POM) in the S&P 500, S&P SmallCap 600 constituent Abiomed Inc. (NASD: ABMD) will replace Hologic in the S&P MidCap 400, and Banc of California Inc. (NYSE: BANC) will replace Abiomed in the S&P SmallCap 600 after the close of trading on Tuesday, March 29. S&P 500 constituent Exelon Corp. (NYSE: EXC) acquired Pepco Holdings in a deal that was completed today.
  
  
• S&P MidCap 400 constituent Centene Corp. (NYSE: CNC) will replace Ensco plc (NYSE: ESV) in the S&P 500, Ensco will replace Centene in the S&P MidCap 400, and First Industrial Realty Trust Inc. (NYSE: FR) will replace Health Net Inc. (NYSE: HNT) in the S&P MidCap 400 after the close of trading on Tuesday, March 29. Centene acquired Health Net in a deal that was completed today.
  
  
• ServisFirst Bancshares Inc. (NASD: SFBS) will replace National Penn Bancshares Inc. (NASD: NPBC) in the S&P SmallCap 600 after the close of trading on Friday, April 1. S&P 500 constituent BB&T Corp. (NYSE: BBT) is acquiring National Penn Bancshares in a deal expected to be completed on or about that date pending final conditions.

Hologic develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products. Headquartered in Marlborough, MA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.

Abiomed researches, develops, and sells medical devices. Headquartered in Danvers, MA, the company will be added to the S&P MidCap 400 GICS Health Care Equipment Sub-Industry index.

Banc of California provides banking products and services. Headquartered in Irvine, CA, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Centene provides programs and services to under-insured and uninsured individuals. Headquartered in St. Louis, MO, the company will be added to the S&P 500 GICS Managed Health Care Sub-Industry index.

Ensco plc provides offshore contract drilling services. Headquartered in London, England, the company will be added to the S&P MidCap 400 GICS Oil & Gas Drilling Sub-Industry index.

First Industrial Realty Trust, a real estate investment trust (REIT), owns, manages, acquires, sells, develops, and redevelops industrial real estate. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS Industrial REITs Sub-Industry index.

ServisFirst Bancshares provides banking products and services. Headquartered in Birmingham, AL, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:

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.

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 LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500^® and the Dow Jones Industrial Average^®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

S&P DJI MEDIA CONTACTS:

David Blitzer
Managing Director and Chairman of Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

Soogyung Jordan
Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]

SOURCE S&P Dow Jones Indices

Related Links

http://www.spdji.com