NEW YORK, Feb. 23, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Cleveland-Cliffs Inc. (NYSE: CLF) will replace Eaton Vance Corp. (NYSE: EV) in the S&P MidCap 400, and WSFS Financial Corp. (NASD: WSFS) will replace Cleveland-Cliffs in the S&P SmallCap 600 effective prior to the opening of trading on Monday, March 1. S&P 500/100 constituent Morgan Stanley (NYSE: MS) is acquiring Eaton Vance in a deal expected to be completed on or about that date pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name      

Action

Company Name

Ticker

GICS Sector

March 1, 2021

S&P MidCap 400

Addition

Cleveland-Cliffs

CLF

Materials


S&P MidCap 400

Deletion

Eaton Vance

EV

Financials


S&P SmallCap 600

Addition

WSFS Financial

WSFS

Financials


S&P SmallCap 600

Deletion

Cleveland-Cliffs

CLF

Materials

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