Cleveland-Cliffs Set to Join S&P MidCap 400; WSFS Financial to Join S&P SmallCap 600
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Cleveland-Cliffs Inc. (NYSE: CLF) will replace Eaton Vance Corp. (NYSE: EV) in the S&P MidCap 400, and WSFS Financial Corp. (NASD: WSFS) will replace Cleveland-Cliffs in the S&P SmallCap 600 effective prior to the opening of trading on Monday, March 1. S&P 500/100 constituent Morgan Stanley (NYSE: MS) is acquiring Eaton Vance in a deal expected to be completed on or about that date pending final conditions.
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 |
March 1, 2021 |
S&P MidCap 400 |
Addition |
Cleveland-Cliffs |
CLF |
Materials |
S&P MidCap 400 |
Deletion |
Eaton Vance |
EV |
Financials |
|
S&P SmallCap 600 |
Addition |
WSFS Financial |
WSFS |
Financials |
|
S&P SmallCap 600 |
Deletion |
Cleveland-Cliffs |
CLF |
Materials |
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