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    Millrose Properties Set to Join S&P SmallCap 600

    2/5/25 6:28:00 PM ET
    $IRWD
    $LEN
    $SPGI
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Homebuilding
    Consumer Discretionary
    Get the next $IRWD alert in real time by email

    NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Millrose Properties Inc. (NYSE:MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 10. S&P 500 constituent Lennar Corp (NYSE:LEN) is spinning off Millrose Properties in a transaction expected to be completed on Friday, February 7. Following the spin-off, Lennar will remain in the S&P 500, and Millrose Properties, which is more representative of the small cap market space, will be added to the S&P SmallCap 600. Ironwood Pharmaceuticals is no longer 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 

     February 10, 2025  

    S&P SmallCap 600 

    Addition 

    Millrose Properties

    MRP 

    Real Estate

     February 10, 2025  

    S&P SmallCap 600 

    Deletion 

    Ironwood Pharmaceuticals

    IRWD 

    Health Care

    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 been innovating and developing indices across the spectrum of asset classes helping to 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

    [email protected] 

    Media Inquiries

    [email protected]

    Cision View original content:https://www.prnewswire.com/news-releases/millrose-properties-set-to-join-sp-smallcap-600-302369460.html

    SOURCE S&P Dow Jones Indices

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