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Cadence Design Systems Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Sept. 8, 2017 — (PRNewswire) —  S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 & S&P SmallCap 600 indices:

Cadence Design Systems provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis. Headquartered in San Jose, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.

ILG provides professional vacation services. Headquartered in Miami, FL, the company will be added to the S&P MidCap 400 GICS Hotels, Resorts & Cruise Lines Sub-Industry index.

Meta Financial Group offers various banking products and services. Headquartered in Sioux Falls, SD, the company will be added to the S&P SmallCap 600 GICS Thrifts & Mortgage Finance Sub-Industry index.

The Brink's Company provides secure transportation, cash management services, and other security-related services. Headquartered in Richmond, VA, the company will be added to the S&P MidCap 400 GICS Security & Alarm Services Sub-Industry index.

ARMOUR Residential REIT invests in residential mortgage backed securities. Headquartered in Vero Beach, FL, the company will be added to the S&P SmallCap 600 GICS Mortgage REITs Sub-Industry index.

Callon Petroleum acquires, explores for, develops, and produces oil and natural gas properties. Headquartered in Natchez, MS, the company will be added to the S&P MidCap 400 GICS Oil & Gas Exploration & Production Sub-Industry index.

Whitestone REIT is an equity real estate investment trust that owns and operates commercial properties. Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS Retail REITs Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – September 13, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Whitestone REIT

Real Estate

Retail REITs

DELETED

CDI

Industrials

Human Resource & Employment Services

 

S&P 500 INDEX – September 18, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cadence Design Systems

Information Technology

Application Software

DELETED

Staples

Consumer Discretionary

Specialty Stores

 

S&P MIDCAP 400 INDEX – September 18, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

ILG

Consumer Discretionary

Hotels, Resorts & Cruise Lines


The Brink's Co.

Industrials

Security & Alarm Services


Callon Petroleum

Energy

Oil & Gas Exploration & Production

DELETED

Cadence Design Systems

Information Technology

Application Software


VCA

Health Care

Health Care Facilities


WebMD Health

Information Technology

Internet Software & Services

 

S&P SMALLCAP 600 INDEX – September 18, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Meta Financial

Financials

Thrifts & Mortgage Finance


ARMOUR Residential REIT

Real Estate

Mortgage REITS

DELETED

ILG

Consumer Discretionary

Hotel, Resorts & Cruise Lines


The Brink's Co.

Industrials

Security & Alarm Services

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
index_services@spglobal.com 

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 39077
david.blitzer@spglobal.com 

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com 

Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com 

Haw-Yan Man
EMEA Communications
London, UK
(+44) 207 176 3023
haw-yan.man@spglobal.com 

Cecilia Ho
Asia Pacific Communications
Hong Kong, HK
(+852) 2532 8061
cecilia.ho@spglobal.com 

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SOURCE S&P Dow Jones Indices

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S&P Dow Jones Indices