Providence Service Set to Join the S&P SmallCap 600
NEW YORK, Aug. 13, 2014 /PRNewswire/ -- The Providence Service Corp. (NASD: PRSC) will replace UNS Energy Corp. (NYSE: UNS) in the S&P SmallCap 600 after the close of trading on Friday, August 15. Fortis Inc. is acquiring UNS Energy in a deal expected to be completed on or about that date.
The Providence Service Corp. provides and manages government sponsored human services and non-emergency transportation services. Headquartered in Tucson, Arizona, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification) Health Care Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – August 15, 2014 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Providence Service |
Health Care |
Health Care Services |
DELETED |
UNS Energy |
Utilities |
Electric Utilities |
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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