Bio-Techne Set to Join S&P 500; Saia, Mimecast & Option Care Health to Join S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK, Aug. 24, 2021 /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 effective prior to the opening of trading on Monday, August 30:
- S&P MidCap 400 constituent Bio-Techne Corp. (NASD:TECH) will replace Maxim Integrated Products Inc. (NASD:MXIM) in the S&P 500, S&P SmallCap 600 constituent Saia Inc. (NASD:SAIA) will replace Bio-Techne in the S&P MidCap 400, and BioLife Solutions Inc. (NASD:BLFS) will replace Saia in the S&P SmallCap 600. S&P 500 constituent Analog Devices Inc. (NASD:ADI) is acquiring Maxim Integrated Products in a deal pending final conditions.
- Mimecast Limited (NASD:MIME) will replace Cinemark Holdings Inc. (NYSE:CNK) in the S&P MidCap 400, and Cinemark Holdings will replace US Concrete Inc. (NASD:USCR) in the S&P SmallCap 600. S&P 500 constituent Vulcan Materials Co. (NYSE:VMC) is acquiring U.S. Concrete in a deal pending final conditions. Cinemark Holdings has a market capitalization that is more representative of the small-cap market space.
- Option Care Health Inc. (NASD:OPCH) will replace Trustmark Corp. (NASD:TRMK) in the S&P MidCap 400, and Trustmark will replace Sykes Enterprises Inc. (NASD:SYKE) in the S&P SmallCap 600. Sitel Group is acquiring Sykes Enterprises in a deal pending final conditions. Trustmark has a market capitalization that is more representative of the small-cap market space.
Below is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective | Index Name | Action | Company Name | Ticker | GICS Sector |
Aug 30, 2021 | S&P 500 | Addition | Bio-Techne | TECH | Health Care |
S&P 500 | Deletion | Maxim Integrated Products | MXIM | Information Technology | |
S&P MidCap 400 | Addition | Saia | SAIA | Industrials | |
Addition | Mimecast | MIME | Information Technology | ||
Addition | Option Care Health | OPCH | Health Care | ||
S&P MidCap 400 | Deletion | Bio-Techne | TECH | Health Care | |
Deletion | Cinemark Holdings | CNK | Communication Services | ||
Deletion | Trustmark | TRMK | Financials | ||
S&P SmallCap 600 | Addition | BioLife Solutions | BLFS | Health Care | |
Addition | Cinemark Holdings | CNK | Communication Services | ||
Addition | Trustmark | TRMK | Financials | ||
S&P SmallCap 600 | Deletion | Saia | SAIA | Industrials | |
Deletion | US Concrete | USCR | Materials | ||
Deletion | Sykes Enterprises | SYKE | Information Technology |
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SOURCE Standard & Poor's