PTC Set to Join S&P 500; Lattice Semiconductor & Progyny to Join S&P MidCap 400; Domtar to Join S&P SmallCap 600
NEW YORK, April 15, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the open of trading on Tuesday, April 20:
- S&P MidCap 400 constituent PTC Inc. (NASD:PTC) will replace Varian Medical Systems Inc. (NYSE:VAR) in the S&P 500, and Lattice Semiconductor Co. (NASD:LSCC) will replace PTC in the S&P MidCap 400. Siemens Healthineers AG (XETR: SHL) acquired Varian Medical Systems Inc. in a deal that closed today, April 15.
- Progyny Inc. (NASD:PGNY) will replace Domtar Corp. (NYSE:UFS) in the S&P MidCap 400, and Domtar will replace NIC Inc. (NASD:EGOV) in the S&P SmallCap 600. S&P 500 constituent Tyler Technologies Inc. (NYSE:TYL) is acquiring NIC in a deal expected to close soon pending final conditions. Domtar has a market capitalization more 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 Date | Index Name | Action | Company Name | Ticker | GICS Sector |
April 20, 2021 | S&P 500 | Addition | PTC | PTC | Information Technology |
S&P 500 | Deletion | Varian Medical Systems | VAR | Health Care | |
S&P MidCap 400 | Addition | Lattice Semiconductor | LSCC | Information Technology | |
S&P MidCap 400 | Addition | Progyny | PGNY | Health Care | |
S&P MidCap 400 | Deletion | PTC | PTC | Information Technology | |
S&P MidCap 400 | Deletion | Domtar | UFS | Materials | |
S&P SmallCap 600 | Addition | Domtar | UFS | Materials | |
S&P SmallCap 600 | Deletion | NIC | EGOV | Information Technology |
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SOURCE S&P Dow Jones Indices
