Universal Technical Institute and Peloton Interactive Set to Join S&P SmallCap 600
-
(NYSE: UTI) will replaceUniversal Technical Institute Inc . (NYSE: VRE).Veris Residential Inc .Affinius Capital andVista Hill Partners are acquiringVeris Residential in a deal expected to be completed soon, pending final closing conditions. -
(Peloton Interactive Inc .NASD : PTON) will replace (NYSE: NVRI). Enviri is spinning off certain operations and assets later this month into a new publicly traded company. Post spin-off,Enviri Corp .Veolia Environment SA will acquire the remaining parent entity. The new publicly traded company is not expected to be 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 |
Ticker |
GICS Sector |
|
|
|
S&P SmallCap 600 |
Addition |
|
UTI |
Consumer Discretionary |
|
|
|
S&P SmallCap 600 |
Deletion |
|
VRE |
Real Estate |
|
|
|
S&P SmallCap 600 |
Addition |
|
PTON |
Consumer Discretionary |
|
|
|
S&P SmallCap 600 |
Deletion |
|
NVRI |
Industrials |
|
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
S&P Dow Jones Indices is a division of
FOR MORE INFORMATION:
S&P Dow Jones Indices
Media Inquiries
View original content:https://www.prnewswire.com/news-releases/universal-technical-institute-and-peloton-interactive-set-to-join-sp-smallcap-600-302779620.html
SOURCE S&P Dow Jones Indices