- S&P MidCap 400 constituent
Jack Henry & Associates Inc. (NASD : JKHY) will replaceEQT Corp. (NYSE: EQT) in theS&P 500, and EQT will replaceJack Henry & Associates in the S&P MidCap 400 effective prior to the market open onTuesday, November 13 .Equitrans Midstream Corp. (NYSE: ETRN) will be added to the S&P MidCap 400 effective prior to the market open onNovember 13 .Superior Energy Services Inc. (NYSE: SPN) will be removed from the S&P MidCap 400 effective prior to the opening onWednesday, November 14 , and will replaceFlotek Industries Inc. (NYSE: FTK) in the S&P SmallCap 600. EQT is spinning off approximately 80% of its stake inEquitrans Midstream effective after the close onMonday, November 12 . Post spin-off, EQT andEquitrans Midstream will both have market caps more representative of the mid-cap market space.Superior Energy Services' market capitalization is more representative of the small-cap market space, and Flotek is ranked at the bottom of the S&P SmallCap 600. MasTec Inc. (NYSE: MTZ) will replaceUnited Natural Foods Inc. (NASD : UNFI) in the S&P MidCap 400, andUnited Natural Foods will replaceMiMedx Group Inc. (NASD : MDXG) in the S&P SmallCap 600 prior to the market open onMonday, November 12 .The NASDAQ Stock Market has determinedMiMedx Group is no longer in compliance with listing standards. Therefore,MiMedx will no longer be eligible for the S&P SmallCap 600.United Natural Foods has a market capitalization that is more representative of the small-cap market space.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – NOVEMBER 12, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
MasTec |
Industrials |
Construction & |
DELETED |
United Natural Foods |
Consumer Staples |
Food Distributors |
S&P SMALLCAP 600 INDEX – NOVEMBER 12, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
United Natural Foods |
Consumer Staples |
Food Distributors |
DELETED |
MiMedx Group |
Health Care |
Biotechnology |
S&P 500 INDEX – NOVEMBER 13, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Jack Henry |
Information Technology |
Data Processing & |
DELETED |
EQT |
Energy |
Oil & Gas Exploration & |
S&P MIDCAP 400 INDEX – NOVEMBER 13, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
EQT |
Energy |
Oil & Gas Exploration & |
Equitrans Midstream Corp |
Energy |
Oil & Gas Storage & |
|
DELETED |
Jack Henry |
Information Technology |
Data Processing & |
S&P MIDCAP 400 INDEX – NOVEMBER 14, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
DELETED |
Superior Energy Services |
Energy |
Oil & Gas Equipment & |
S&P SMALLCAP 600 INDEX – NOVEMBER 14, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Superior Energy Services |
Energy |
Oil & Gas Equipment & |
DELETED |
Flotek Industries |
Materials |
Specialty Chemicals |
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