PR Newswire | Jul 28, 2020 06:50PM EDT

Deluxe & Carpenter Technology to Join S&P SmallCap 600

07/28 17:49 CDT

Sunrun, IAA & Rexford Industrial Realty Set to Join S&P MidCap 400; Bancfirst, Deluxe & Carpenter Technology to Join S&P SmallCap 600 NEW YORK, July 28, 2020

NEW YORK, July 28, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Monday, August 3:

* S&P SmallCap 600 constituent Sunrun Inc. (NASD:RUN) will replace Legg Mason Inc. (NYSE:LM) in the S&P MidCap 400, and Bancfirst Corp. (NASD:BANF) will replace Sunrun in the S&P SmallCap 600. S&P 500 constituent Franklin Resources Inc. (NYSE: BEN) is acquiring Legg Mason in a deal expected to be completed soon pending final conditions. * IAA Inc. (NYSE:IAA) will replace Deluxe Corp. (NYSE:DLX) in the S&P MidCap 400, and Deluxe will replace El Paso Electric Co. (NYSE:EE) in the S&P SmallCap 600. El Paso Electric is being acquired in a deal expected to close soon pending final conditions. Deluxe has a market capitalization more representative of the small-cap market space. * Rexford Industrial Realty Inc. (NYSE:REXR) will replace Carpenter Technology Corp. (NYSE:CRS) in the S&P MidCap 400, and Carpenter Technology will replace Cedar Realty Trust Inc. (NYSE:CDR) in the S&P SmallCap 600. Carpenter Technology has a market capitalization more representative of the small-cap market space. Cedar Realty Trust is ranked near the bottom of the S&P SmallCap 600 and 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 Index Action Company Name TickerGICS SectorDate Name

August 3, S&P MidCap 400AdditionSunrun RUN Industrials2020

August 3, S&P MidCap 400DeletionLegg Mason LM Financials 2020

August 3, S&P SmallCap AdditionBancfirst BANF Financials 2020 600

August 3, S&P SmallCap DeletionSunrun RUN Industrials2020 600

August 3, S&P MidCap 400AdditionIAA IAA Industrials2020

August 3, S&P MidCap 400DeletionDeluxe DLX Industrials2020

August 3, S&P MidCap 400AdditionRexford Industrial REXR Real Estate2020 Realty

August 3, S&P MidCap 400DeletionCarpenter Technology CRS Materials 2020

August 3, S&P SmallCap AdditionDeluxe Corp DLX Industrials2020 600

August 3, S&P SmallCap DeletionEl Paso Electric Co EE Utilities 2020 600

August 3, S&P SmallCap AdditionCarpenter Technology CRS Materials 2020 600 Corp

August 3, S&P SmallCap DeletionCedar Realty Trust CDR Real Estate2020 600

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SOURCE S&P Dow Jones Indices