Centene Set to Join the S&P MidCap 400 and Aviv REIT to Join the S&P SmallCap 600
NEW YORK, Aug. 27, 2014 /PRNewswire/ -- S&P SmallCap 600 constituent Centene Corp. (NYSE: CNC) will replace MICROS Systems Inc. (NASD: MCRS) in the S&P MidCap 400, and Aviv REIT Inc. (NYSE: AVIV) will replace Centene in the S&P SmallCap 600 after the close of trading on Wednesday, September 3. S&P 100 & 500 constituent Oracle Corp. (NYSE: ORCL) is acquiring MICROS in a deal expected to be completed soon pending final approvals.
Centene provides multi-line healthcare programs and services. Headquartered in St. Louis, MO, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Managed Health Care Sub-Industry index.
Aviv REIT specializes in the ownership and triple-net leasing of post-acute and long-term care skilled nursing facilities. Headquartered in Chicago, IL, the company will be added to the S&P SmallCap 600 GICS Health Care REITs Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – September 3, 2014 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Centene |
Health Care |
Managed Health Care |
DELETED |
MICROS Systems |
Information Technology |
Systems Software |
S&P SMALLCAP 600 INDEX – September 3, 2014 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Aviv REIT |
Financials |
Health Care REITs |
DELETED |
Centene |
Health Care |
Managed Health Care |
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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[email protected]
(212) 438-1471
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