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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