Fresh Del Monte Produce and Jagged Peak Energy Set to Join S&P SmallCap 600
NEW YORK, Sept. 23, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30:
- Fresh Del Monte Produce Inc. (NYSE: FDP) will replace Cray Inc. (NASD: CRAY). S&P 500 constituent Hewlett Packard Enterprise Co. (NYSE: HPE) is acquiring Cray in a transaction expected to be completed soon pending final conditions.
- Jagged Peak Energy Inc. (NYSE: JAG) will replace NorthStar Realty Europe Corp. (NYSE: NRE). AXA Investment managers is acquiring NorthStar Realty Europe in a transaction expected to be completed soon pending final conditions.
Fresh Del Monte Produce produces, markets and distributes fresh-cut fruits and vegetables. Headquartered in George Town, Cayman Islands, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Agricultural Products Sub-Industry index.
Jagged Peak Energy operates as an independent oil and natural gas company. Headquartered in Denver, CO, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Exploration & Production Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX – September 30, 2019 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Fresh Del Monte |
Consumer Staples |
Agricultural Products |
Jagged Peak |
Energy |
Oil & Gas Exploration & |
|
DELETED |
Cray |
Information Technology |
Technology Hardware, |
NorthStar Realty |
Real Estate |
Office REIT's |
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:
S&P Dow Jones Indices
[email protected]
Media Inquiries
[email protected]
Index Governance Inquiries
[email protected]
SOURCE S&P Dow Jones Indices
![](https://rt.prnewswire.com/rt.gif?NewsItemId=NY81702&Transmission_Id=201909231824PR_NEWS_USPR_____NY81702&DateId=20190923)
Share this article