NEW YORK, Sept. 23, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30:
- Fresh Del Monte Produce Inc. (NYSE: FDP) will replace Cray Inc. (NASD: CRAY). S&P 500 constituent Hewlett Packard Enterprise Co. (NYSE: HPE) is acquiring Cray in a transaction expected to be completed soon pending final conditions.
- Jagged Peak Energy Inc. (NYSE: JAG) will replace NorthStar Realty Europe Corp. (NYSE: NRE). AXA Investment managers is acquiring NorthStar Realty Europe in a transaction expected to be completed soon pending final conditions.
Fresh Del Monte Produce produces, markets and distributes fresh-cut fruits and vegetables. Headquartered in George Town, Cayman Islands, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Agricultural Products Sub-Industry index.
Jagged Peak Energy operates as an independent oil and natural gas company. Headquartered in Denver, CO, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Exploration & Production Sub-Industry index.
Following is a summary of the changes:
|S&P SMALLCAP 600 INDEX – September 30, 2019|
|COMPANY||GICS ECONOMIC SECTOR||GICS SUB-INDUSTRY|
|ADDED||Fresh Del Monte Produce||Consumer Staples||Agricultural Products|
|Jagged Peak Energy||Energy||Oil & Gas Exploration & Production|
|DELETED||Cray||Information Technology||Technology Hardware, Storage & Peripherals|
|NorthStar RealtyEurope||Real Estate||Office REIT's|
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