J.B. Hunt Transport Services Set to Join the S&P 500; Molina Healthcare to be Added to S&P MidCap 400; MYR Group to be Added to S&P SmallCap 600
NEW YORK, June 26, 2015 /PRNewswire/ -- S&P MidCap 400 constituent J.B. Hunt Transport Services Inc. (NASD: JBHT) will replace Integrys Energy Group Inc. (NYSE: TEG) in the S&P 500, S&P SmallCap 600 constituent Molina Healthcare Inc. (NYSE: MOH) will replace J.B. Hunt Transport Services in the S&P MidCap 400, and MYR Group (NASD: MYRG) will replace Molina Healthcare in the S&P SmallCap 600 after the close of trading on Tuesday, June 30. S&P 500 constituent Wisconsin Energy Corp. (NYSE: WEC) is acquiring Integrys Energy Group in a deal expected to close soon.
J.B. Hunt Transport Services provides surface transportation and delivery services. Headquartered in Lowell, AR, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Trucking Sub-Industry index.
Molina Healthcare provides health plans, medical clinics and health information management solutions. Headquartered in Long Beach, CA, the company will be added to the S&P MidCap 400 GICS Managed Health Care Sub-Industry index.
MYR Group provides electrical construction services. Headquartered in Rolling Meadows, IL, the company will be added to the S&P SmallCap 600 GICS Construction & Engineering Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX – June 30, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
J.B. Hunt Transport Services |
Industrials |
Trucking |
DELETED |
Integrys Energy Group |
Utilities |
Multi-Utilities |
S&P MIDCAP 400 INDEX – June 30, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Molina Healthcare |
Health Care |
Managed Health Care |
DELETED |
J.B. Hunt Transport Services |
Industrials |
Trucking |
S&P SMALLCAP 600 INDEX – June 30, 2015 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
MYR Group |
Industrials |
Construction & Engineering |
DELETED |
Molina Healthcare |
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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