Kite Realty Group Trust Set to Join S&P MidCap 400; Harmony Biosciences Holdings & LendingTree to Join S&P SmallCap 600
NEW YORK, Oct. 18, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Kite Realty Group Trust (NYSE:KRG) will replace LendingTree Inc. (NASD:TREE) in the S&P MidCap 400, LendingTree will replace Kite Realty Group Trust in the S&P SmallCap 600, and Harmony Biosciences Holdings Inc. (NASD:HRMY) will replace Retail Properties of America Inc. (NYSE:RPAI) in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 22. Kite Realty Group Trust is acquiring Retail Properties of America in a deal expected to close soon pending final closing conditions. LendingTree has a market capitalization that is more representative of the small-cap market space.
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 |
Oct 22, 2021 |
S&P MidCap 400 |
Addition |
Kite Realty Group Trust |
KRG |
Real Estate |
Deletion |
LendingTree |
TREE |
Financials |
||
S&P SmallCap 600 |
Addition |
Harmony Biosciences |
HRMY |
Health Care |
|
Addition |
LendingTree |
TREE |
Financials |
||
Deletion |
Retail Properties of America |
RPAI |
Real Estate |
||
Deletion |
Kite Realty Group Trust |
KRG |
Real Estate |
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