FTI Consulting Set to Join S&P MidCap 400; KKR Real Estate Finance Trust to Join S&P SmallCap 600
NEW YORK, Oct. 24, 2019 /PRNewswire/ -- S&P SmallCap 600 constituent FTI Consulting Inc. (NYSE: FCN) will replace Medidata Solutions Inc. (NASD: MDSO) in the S&P MidCap 400, and KKR Real Estate Finance Trust Inc. (NYSE: KREF) will replace FTI Consulting in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, October 30. Dassault Systemes SA is acquiring Medidata Solutions in a transaction expected to be completed on or about that date pending final conditions.
FTI Consulting provides business advisory services. Headquartered in Washington, D.C., the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Research & Consulting Services Sub-Industry index.
KKR Real Estate Finance Trust, a real estate finance company, focuses primarily on originating and acquiring senior loans secured by commercial real estate assets. Headquartered in New York, NY, the company will be added to the S&P SmallCap 600 GICS Mortgage REITs Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – October 30, 2019 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
FTI Consulting |
Industrials |
Research & Consulting |
DELETED |
Medidata |
Health Care |
Health Care Technology |
S&P SMALLCAP 600 INDEX – October 30, 2019 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
KKR Real Estate |
Financials |
Mortgage REITs |
DELETED |
FTI Consulting |
Industrials |
Research & Consulting |
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=NY15549&Transmission_Id=201910241810PR_NEWS_USPR_____NY15549&DateId=20191024)
Share this article