Bio-Techne Set to Join S&P 500; Saia, Mimecast & Option Care Health to Join S&P MidCap 400; Others to Join S&P SmallCap 600

Aug 24th, 2021 17:03 EST

NEW YORK, Aug. 24, 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 opening of trading on Monday, August 30:

  • S&P MidCap 400 constituent Bio-Techne Corp. (NASD:TECH) will replace Maxim Integrated Products Inc. (NASD:MXIM) in the S&P 500, S&P SmallCap 600 constituent Saia Inc. (NASD:SAIA) will replace Bio-Techne in the S&P MidCap 400, and BioLife Solutions Inc. (NASD:BLFS) will replace Saia in the S&P SmallCap 600. S&P 500 constituent Analog Devices Inc. (NASD:ADI) is acquiring Maxim Integrated Products in a deal pending final conditions.
  • Mimecast Limited (NASD:MIME) will replace Cinemark Holdings Inc. (NYSE:CNK) in the S&P MidCap 400, and Cinemark Holdings will replace US Concrete Inc. (NASD:USCR) in the S&P SmallCap 600. S&P 500 constituent Vulcan Materials Co. (NYSE:VMC) is acquiring U.S. Concrete in a deal pending final conditions. Cinemark Holdings has a market capitalization that is more representative of the small-cap market space.
  • Option Care Health Inc. (NASD:OPCH) will replace Trustmark Corp. (NASD:TRMK) in the S&P MidCap 400, and Trustmark will replace Sykes Enterprises Inc. (NASD:SYKE) in the S&P SmallCap 600. Sitel Group is acquiring Sykes Enterprises in a deal pending final conditions. Trustmark has a market capitalization that is more representative of the small-cap market space.

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

EffectiveDate

Index Name      

Action

Company Name

Ticker

GICS Sector

Aug 30, 2021

S&P 500

Addition

Bio-Techne

TECH

Health Care

S&P 500

Deletion

Maxim Integrated Products

MXIM

Information Technology

S&P MidCap 400

Addition

Saia

SAIA

Industrials

Addition

Mimecast

MIME

Information Technology

Addition

Option Care Health

OPCH

Health Care

S&P MidCap 400

Deletion

Bio-Techne

TECH

Health Care

Deletion

Cinemark Holdings

CNK

Communication Services

Deletion

Trustmark

TRMK

Financials

S&P SmallCap 600

Addition

BioLife Solutions

BLFS

Health Care

Addition

Cinemark Holdings

CNK

Communication Services

Addition

Trustmark

TRMK

Financials

S&P SmallCap 600

Deletion

Saia

SAIA

Industrials

Deletion

US Concrete

USCR

Materials

Deletion

Sykes Enterprises

SYKE

Information Technology

For more information about S&P Dow Jones Indices, please visit www.spdji.co

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SOURCE Standard & Poor's

Related Links

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