Amkor Technology Set to Join S&P MidCap 400; HNI to Join S&P SmallCap 600
NEW YORK, Feb. 10, 2021 /PRNewswire/ -- Amkor Technology Inc. (NASD: AMKR) will replace HNI Corp. (NYSE: HNI) in the S&P MidCap 400 and HNI Corp will replace Virtusa Corp. (NASD: VRTU) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 16. Baring Private Equity Asia is acquiring Virtusa in a deal that is expected to be completed soon pending final conditions. HNI is more representative of the small-cap market space.
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 16, 2021 |
S&P MidCap 400 |
Addition |
Amkor Technology |
AMKR |
Information Technology |
S&P MidCap 400 |
Deletion |
HNI |
HNI |
Industrials |
|
S&P SmallCap 600 |
Addition |
HNI |
HNI |
Industrials |
|
S&P SmallCap 600 |
Deletion |
Virtusa |
VRTU |
Information Technology |
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