NEW YORK, June 9, 2017 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P 500 and
S&P MidCap 400 indices effective prior to the open of trading
on Monday, June 19:
- Hilton Worldwide Holdings Inc. (NYSE: HLT) will replace Yahoo!
Inc. (NASD: YHOO) in the S&P 500. Yahoo! is expected to convert
to a publicly traded, non-diversified, closed-end management
investment company under the Investment Company Act of 1940 on
June 16, a few days after the
expected sale of its operational business to S&P 100 & 500
constituent Verizon Communications Inc. (NYSE: VZ). Closed end
funds are ineligible for inclusion in the S&P 500.
- S&P MidCap 400 constituents Align Technology Inc. (NASD:
ALGN) and ANSYS Inc. (NASD: ANSS) will replace Teradata Corp.
(NYSE: TDC) and Ryder System Inc. (NYSE: R) respectively in the
S&P 500, and Teradata and Ryder System will replace Align
Technology and ANSYS respectively in the S&P MidCap 400. Align
Technology and ANSYS have total market capitalizations above
$10 billion making them more
representative of the large-cap market space. Teradata and Ryder
System have total market capitalizations below $3.7 billion making them more representative of
the mid-cap market space.
Hilton Worldwide Holdings owns leases, manages, develops, and
franchises hotels and resorts. Headquartered in McLean, VA, the company will be added to the
S&P 500 GICS (Global Industry Classification Standard) Hotels,
Resorts & Cruise Lines Sub-Industry index.
Align Technology designs, manufactures, and markets a system of
clear aligner therapy, intra-oral scanners, and computer-aided
design and computer-aided manufacturing digital services.
Headquartered in San Jose, CA, the
company will be added to the S&P 500 GICS Health Care Supplies
Sub-Industry index.
ANSYS develops and markets engineering simulation software and
services. Headquartered in Canonsburg,
PA, the company will be added to the S&P 500 GICS
Application Software Sub-Industry index.
Teradata provides analytic data solutions and related services.
Headquartered in Dayton, OH, the
company will be added to the S&P MidCap 400 GICS IT Consulting
& Other Services Sub-Industry index.
Ryder Systems provides transportation and supply chain
management solutions. Headquartered in Miami, FL, the company will be added to the
S&P MidCap 400 GICS Trucking Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX
– June 19, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Hilton
Worldwide
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise Lines
|
|
Align
Technology
|
Health
Care
|
Health Care
Supplies
|
|
ANSYS
|
Information
Technologies
|
Application
Software
|
DELETED
|
Yahoo!
|
Information
Technology
|
Internet Software
& Services
|
|
Teradata
|
Information
Technology
|
IT Consulting &
Other Services
|
|
Ryder
Systems
|
Industrials
|
Trucking
|
S&P MIDCAP 400
INDEX – June 19, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Teradata
|
Information
Technology
|
IT Consulting &
Other Services
|
|
Ryder
Systems
|
Industrials
|
Trucking
|
DELETED
|
Align
Technology
|
Health
Care
|
Health Care
Supplies
|
|
ANSYS
|
Information
Technology
|
Application
Software
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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FOR MORE INFORMATION:
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/hilton-worldwide-align-technology-ansys-set-to-join-sp-500-teradata-and-ryder-system-to-join-sp-midcap-400-300471904.html
SOURCE S&P Dow Jones Indices