Easterly Government Properties and Cutera Set to Join S&P SmallCap 600

Date : 12/07/2017 @ 6:11PM
Source : PR Newswire (US)
Stock : Cutera, Inc. (MM) (CUTR)
Quote : 47.0  2.1 (4.68%) @ 6:03PM
Cutera share price Chart

Easterly Government Properties and Cutera Set to Join S&P SmallCap 600

Cutera (NASDAQ:CUTR)
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NEW YORK, Dec. 7, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:

  • Easterly Government Properties Inc. (NYSE: DEA) will replace PharMerica Corp. (NYSE: PMC) effective prior to the open of trading on Tuesday, December 12. KKR and affiliates acquired PharMerica in a transaction completed today.

  • Cutera Inc. (NASD: CUTR) will replace Tesco Corp. (NASD: TESO) effective prior to the open of trading on Friday, December 15. S&P MidCap 400 constituent Nabors Industries Ltd. (NYSE: NBR) is acquiring Tesco in a deal expected to be completed on or about that date, pending final conditions.

Easterly Government Properties, a real estate investment trust (REIT), focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Headquartered in Washington, DC, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Office REITs Sub-Industry index.

Cutera designs, develops, manufactures, markets, and services laser and other energy based aesthetics systems. Headquartered in Brisbane, CA, the company will be added to the S&P SmallCap 600 GICS Health Care Equipment Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – DECEMBER 12, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Easterly Government Properties

Real Estate

Office REITs

DELETED

PharMerica

Health Care

Health Care Distributors

 

 

S&P SMALLCAP 600 INDEX – DECEMBER 15, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cutera

Health Care

Health Care Equipment

DELETED

Tesco

Energy

Oil & Gas Equipment & Services

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® and the Dow Jones Industrial Average®. 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 become home to over 1,000,000 indices across the spectrum of asset classes that have helped 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:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji_communications@spglobal.com

View original content:http://www.prnewswire.com/news-releases/easterly-government-properties-and-cutera-set-to-join-sp-smallcap-600-300568775.html

SOURCE S&P Dow Jones Indices

Copyright 2017 PR Newswire

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