Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
PRNewswire 6-Dec-2024 6:30 PM
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.
- Apollo Global Management Inc. (NYSE:APO) and Workday Inc. (NASD:WDAY) will replace Qorvo Inc. (NASD:QRVO) and Amentum Holdings Inc. (NYSE:AMTM) in the S&P 500, respectively. Qorvo and Amentum Holdings will replace Kelly Services Inc. (NASD:KELYA) and Service Properties Trust (NASD:SVC) in the S&P SmallCap 600, respectively.
- S&P SmallCap 600 constituents Comerica Inc. (NYSE:CMA) and Carpenter Technology Corp. (NYSE:CRS) will replace Vishay Intertechnology Inc. (NYSE:VSH) and Carters Inc. (NYSE:CRI) in the S&P MidCap 400 respectively, and Vishay Intertechnology and Carters will replace Comerica and Carpenter Technology in the S&P SmallCap 600.
- Terreno Realty Corp. (NYSE:TRNO) and Champion Homes Inc. (NYSE:SKY) will replace Hudson Pacific Properties Inc. (NYSE:HPP) and REGENXBIO Inc. (NASD:RGNX) in the S&P SmallCap 600, respectively.
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
|
December 23, 2024
| S&P 500
| Addition
| Apollo Global Mgt
| APO
| Financials
|
December 23, 2024
| S&P 500
| Addition
| Workday
| WDAY
| Information Technology
|
December 23, 2024
| S&P 500
| Deletion
| Qorvo
| QRVO
| Information Technology
|
December 23, 2024
| S&P 500
| Deletion
| Amentum Holdings
| AMTM
| Industrials
|
December 23, 2024
| S&P MidCap 400
| Addition
| Comerica
| CMA
| Financials
|
December 23, 2024
| S&P MidCap 400
| Addition
| Carpenter Technology
| CRS
| Materials
|
December 23, 2024
| S&P MidCap 400
| Deletion
| Vishay Intertechnology
| VSH
| Information Technology
|
December 23, 2024
| S&P MidCap 400
| Deletion
| Carters
| CRI
| Consumer Discretionary
|
December 23, 2024
| S&P SmallCap 600
| Addition
| Qorvo
| QRVO
| Information Technology
|
December 23, 2024
| S&P SmallCap 600
| Addition
| Amentum Holdings
| AMTM
| Industrials
|
December 23, 2024
| S&P SmallCap 600
| Addition
| Vishay Intertechnology
| VSH
| Information Technology
|
December 23, 2024
| S&P SmallCap 600
| Addition
| Carters
| CRI
| Consumer Discretionary
|
December 23, 2024
| S&P SmallCap 600
| Addition
| Terreno Realty
| TRNO
| Real Estate
|
December 23, 2024
| S&P SmallCap 600
| Addition
| Champion Homes
| SKY
| Consumer Discretionary
|
December 23, 2024
| S&P SmallCap 600
| Deletion
| Comerica
| CMA
| Financials
|
December 23, 2024
| S&P SmallCap 600
| Deletion
| Carpenter Technology
| CRS
| Materials
|
December 23, 2024
| S&P SmallCap 600
| Deletion
| Kelly Services
| KELYA
| Industrials
|
December 23, 2024
| S&P SmallCap 600
| Deletion
| Service Properties Trust
| SVC
| Real Estate
|
December 23, 2024
| S&P SmallCap 600
| Deletion
| Hudson Pacific Properties
| HPP
| Real Estate
|
December 23, 2024
| S&P SmallCap 600
| Deletion
| REGENXBIO
| RGNX
| Health Care
|
For more information about S&P Dow Jones Indices, please visit www.spdji.com
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