PR Newswire
NEW YORK, Sept. 20, 2016
NEW YORK, Sept. 20, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective after the close of trading on Thursday, September 22:
The Cooper Companies operates as a medical device company. Headquartered in Pleasanton, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Supplies Sub-Industry index.
Northwestern provides electricity and natural gas. Headquartered in Sioux Falls, SD, the company will be added to the S&P MidCap 400 GICS Multi-Utilities Sub-Industry index.
SPS Commerce provides cloud-based supply chain management solutions. Headquartered in Minneapolis, MN, the Company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.
NuVasive develops and markets minimally-disruptive surgical products and procedurally-integrated solutions for spine surgery. Headquartered in San Diego, CA, the Company will be added to the S&P MidCap 400 GICS Health Care Equipment Sub-Industry index.
Fox Factory Holdings designs, engineers, manufactures, and markets ride dynamics products. Headquartered in Scotts Valley, CA, the Company will be added to the S&P SmallCap 600 GICS Auto Parts & Equipment Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX – September 22, 2016 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
The Cooper Companies |
Health Care |
Health Care Supplies |
DELETED |
Starwood Hotels & Resorts Worldwide |
Consumer Discretionary |
Hotels, Resorts & Cruise Lines |
S&P MIDCAP 400 INDEX – September 22, 2016 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Northwestern |
Utilities |
Multi-Utilities |
NuVasive |
Health Care |
Health Care Equipment | |
DELETED |
The Cooper Companies |
Health Care |
Health Care Supplies |
FEI |
Information Technology |
Electronic Equipment & Instruments |
S&P SMALLCAP 600 INDEX – September 22, 2016 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
SPS Commerce |
Information Technology |
Internet Software & Services |
Fox Factory Holdings |
Consumer Discretionary |
Auto Parts & Equipment | |
DELETED |
Northwestern |
Utilities |
Multi-Utilities |
NuVasive |
Health Care |
Health Care Equipment |
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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines 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:
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-cooper-companies-set-to-join-the-sp-500-northwestern-and-nuvasive-to-join-sp-midcap-400-sps-commerce-and-fox-factory-to-join-sp-smallcap-600-300331403.html
SOURCE S&P Dow Jones Indices
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