PR Newswire | Nov 5, 2020 06:41PM EST

Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600

11/05 17:40 CST

MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600 NEW YORK, Nov. 5, 2020

NEW YORK, Nov. 5, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and SmallCap 600 effective prior to the opening of trading on Friday, November 13:

* First Bancorp (NASD:FBNC) will replace AMAG Pharmaceuticals Inc. (NASD:AMAG) in the S&P SmallCap 600. Covis Group is acquiring AMAG Pharmaceuticals in a deal expected to be completed soon pending final conditions.

* MGIC Investment Corp. (NYSE:MTG) will replace The Geo Group Inc. (NYSE:GEO) in the S&P MidCap 400, and The Geo Group will replace Gulfport Energy Corp. (NASD:GPOR) in the S&P SmallCap 600. Halozyme Therapeutics Inc.(NASD:HALO) will replace Mednax Inc. (NYSE:MD) in the S&P MidCap 400, and Mednax will replace Washington Prime Group Inc. (NYSE:WPG) in the S&P SmallCap 600. The GEO Group and Mednax are more representative of the small-cap market space. Gulfport Energy and Washington Prime Group are 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 Action Company Name TickerGICS Name Sector

November 13, S&P MidCap 400AdditionMGIC Investment MTG Financials2020

S&P MidCap 400AdditionHalozyme HALO Health Therapeutics Care

S&P MidCap 400DeletionGeo Group GEO Real Estate

S&P MidCap 400DeletionMednax MD Health Care

S&P SmallCap AdditionFirst Bancorp FBNC Financials 600

S&P SmallCap AdditionGeo Group GEO Real 600 Estate

S&P SmallCap AdditionMednax MD Health 600 Care

S&P SmallCap DeletionAMAG AMAG Health 600 Pharmaceuticals Care

S&P SmallCap DeletionGulfport Energy GPOR Energy 600

S&P SmallCap DeletionWashington Prime WPG Real 600 Group Estate

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SOURCE S&P Dow Jones Indices