PR Newswire | Aug 24, 2021 06:04PM EDT

MidCap 400; Others to Join S&P SmallCap 600

08/24 17:03 CDT

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

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 TickerGICS Sector Date

Aug 30, 2021S&P 500 AdditionBio-Techne TECH Health Care

S&P 500 DeletionMaxim Integrated ProductsMXIM Information Technology

S&P MidCap 400 AdditionSaia SAIA Industrials

AdditionMimecast MIME Information Technology

AdditionOption Care Health OPCH Health Care

S&P MidCap 400 DeletionBio-Techne TECH Health Care

DeletionCinemark Holdings CNK Communication Services

DeletionTrustmark TRMK Financials

S&P SmallCap 600AdditionBioLife Solutions BLFS Health Care

AdditionCinemark Holdings CNK Communication Services

AdditionTrustmark TRMK Financials

S&P SmallCap 600DeletionSaia SAIA Industrials

DeletionUS Concrete USCR Materials

DeletionSykes Enterprises SYKE Information Technology

For more information about S&P Dow Jones Indices, please visit www.spdji.co

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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(r) and the Dow Jones Industrial Average(r). 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.

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SOURCE Standard & Poor's