FOXF

GE Vernova And Solventum Set To Join S&P 500

(RTTNews) - S&P Dow Jones Indices said that Solventum Corp. (SOLV) will be added to the S&P 500 effective prior to the open of trading on Monday, April 1, replacing V.F. Corp. (VFC), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Wednesday, April 3.

V.F. will replace ModivCare Inc. (MODV) in the S&P SmallCap 600 also effective prior to the open of trading on April 3. S&P 500 and 100 constituent 3M Co. (MMM) is spinning off Solventum in a transaction expected to be completed April 1.

Following the spin-off, the parent 3M will remain in the S&P 500 and S&P 100.

V.F. is no longer representative of the large-cap market space, and ModivCare is no longer representative of the small-cap market space.

In addition, S&P Dow Jones Indices said that GE Vernova Inc. (GEV) will be added to the S&P 500 effective prior to the open of trading on Tuesday, April 2, replacing Dentsply Sirona Inc. (XRAY), which will be moved to the S&P MidCap 400 effective prior to the open of trading on Wednesday, April 3.

Dentsply Sirona will replace Fox Factory Holding Corp. (FOXF) in the S&P MidCap 400, and Fox Factory Holding will replace The E.W. Scripps Co. (SSP) in the S&P SmallCap 600, also effective prior to the open of trading on April 3.

S&P 500 and 100 constituent General Electric Corp. (GE) is spinning off GE Vernova in a transaction expected to be completed April 2.

Following the spin-off, General Electric will have a name change to GE Aerospace and will remain in the S&P 500 and S&P 100.

Dentsply Sirona is no longer representative of the large-cap market space. Fox Factory Holding is no longer representative of the mid-cap market space, and E.W. Scripps is no longer representative of the small-cap market space.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.