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Match Group, Ceridian HCM and Brown & Brown Set to Join S&P 500; Others to Join


PR Newswire | Sep 3, 2021 06:56PM EDT

S&P MidCap 400 and S&P SmallCap 600

09/03 17:55 CDT

Match Group, Ceridian HCM and Brown & Brown Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 NEW YORK, Sept. 3, 2021

NEW YORK, Sept. 3, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 to ensure each index is more representative of its market capitalization range. The changes will be effective prior to the open of trading on Monday, September 20, 2021 to coincide with the quarterly rebalance:

Match Group Inc. (NASD:MTCH) will replace Perrigo Company plc (NYSE:PRGO) in the S&P 500, Perrigo Company will replace WW International Inc. (NASD:WW) in the S&P MidCap 400, and WW International will replace Team Inc (NYSE:TISI) in the S&P SmallCap 600. Team has a market capitalization that is no longer representative of the small-cap market space.

S&P MidCap 400 constituents Ceridian HCM Holding Inc. (NYSE:CDAY), and Brown & Brown Inc. (NYSE:BRO) will move to the S&P 500, replacing Unum Group (NYSE:UNM) and NOV Inc. (NYSE:NOV) both of which will move to the S&P MidCap 400.

Tandem Diabetes Care Inc. (NASD:TNDM) will replace Healthcare Services Group Inc. (NASD:HCSG) in the S&P MidCap 400, and Healthcare Services Group will replace MicroStrategy Inc. (NASD:MSTR) in the S&P SmallCap 600. UNIQURE N.V. (NASD:QURE) will replace United Insurance Holdings Corp. (NASD:UIHC) in the S&P SmallCap 600. MicroStrategy is no longer appropriate for the S&P SmallCap 600, and United Insurance Holdings has a market capitalization that 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 DateIndex Name Action Company Name TickerGICS Sector

Sept. 20, 2021S&P 500 AdditionCeridian HCM Holding CDAY Information Technology

S&P 500 AdditionBrown & Brown BRO Financials

S&P 500 AdditionMatch Group MTCH Communication Services

S&P 500 DeletionUnum Group UNM Financials

S&P 500 DeletionNOV NOV Energy

S&P 500 DeletionPerrigo Company PRGO Health Care

S&P MidCap 400 AdditionUnum Group UNM Financials

S&P MidCap 400 AdditionNOV NOV Energy

S&P MidCap 400 AdditionPerrigo Company PRGO Health Care

S&P MidCap 400 AdditionTandem Diabetes Care TNDM Health Care

S&P MidCap 400 DeletionCeridian HCM Holding CDAY Information Technology

S&P MidCap 400 DeletionBrown & Brown Inc BRO Financials

S&P MidCap 400 DeletionWW International WW Consumer Discretionary

S&P MidCap 400 DeletionHealthcare Services GroupHCSG Industrials

S&P SmallCap 600AdditionWW International WW Consumer Discretionary

S&P SmallCap 600AdditionUNIQURE N.V. QURE Health Care

S&P SmallCap 600AdditionHealthcare Services GroupHCSG Industrials

Effective DateIndex Name Action Company Name TickerGICS Sector

Sept. 20, 2021S&P SmallCap 600DeletionTeam TISI Industrials

S&P SmallCap 600DeletionUnited Insurance HoldingsUIHC Financials

S&P SmallCap 600DeletionMicroStrategy MSTR Information Technology

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(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.

FOR MORE INFORMATION:

S&P Dow Jones Indicesindex_services@spglobal.com

Media Inquiriesspdji.comms@spglobal.com

View original content: https://www.prnewswire.com/news-releases/match-group-ceridian-hcm-and-brown--brown-set-to-join-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-301369377.html

SOURCE S&P Dow Jones Indices






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