NEW YORK, Jan. 31, 2019 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) will replace Vectren Corp. (NYSE: VVC) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, February 6. S&P 500 constituent CenterPoint Energy Inc. (NYSE: CNP) is acquiring Vectren in a deal expected to be completed on or about February 1 pending final conditions.
Brixmor Property Group is a real estate investment trust (REIT) that owns and operates a national portfolio of open-air shopping centers. Headquartered in New York, NY, the company will be added to the S&P MidCap 400 Global Industry Classification Standard (GICS) Retail REITs Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – February 6, 2019 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Brixmor Property Group |
Real Estate |
Retail REITs |
DELETED |
Vectren |
Utilities |
Multi-Utilities |
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