Five Below Set to Join S&P MidCap 400; ProPetro Holding to Join S&P SmallCap 600
NEW YORK, April 16, 2018 /PRNewswire/ -- S&P SmallCap 600 constituent Five Below Inc. (NASD: FIVE) will replace DST Systems Inc. (NYSE: DST) in the S&P MidCap 400, and ProPetro Holding Corp. (NYSE: PUMP) will replace Five Below in the S&P SmallCap 600 effective prior to the open of trading on Thursday, April 19. SS&C Technologies Holdings Inc. (NASD: SSNC) is acquiring DST Systems in a deal expected to be completed on or about April 17.
Five Below operates as a specialty value retailer. Headquartered in Philadelphia, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.
ProPetro Holding is an oilfield services company that provides pressure pumping and other related services. Headquartered in Midland, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry index,
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – April 19, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Five Below |
Consumer Discretionary |
Specialty Stores |
DELETED |
DST Systems |
Information Technology |
Data Processing & |
S&P SMALLCAP 600 INDEX – April 19, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
ProPetro |
Energy |
Oil & Gas Equipment & |
DELETED |
Five Below |
Consumer Discretionary |
Specialty Stores |
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 is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]
S&P Dow Jones Indices
[email protected]
Media Inquiries
[email protected]
SOURCE S&P Dow Jones Indices
Share this article