NEW YORK, Feb. 15, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Old National Bancorp (NASD:ONB) will replace Urban Edge Properties (NYSE:UE) in the S&P MidCap 400, Urban Edge Properties will replace Old National Bancorp in the S&P SmallCap 600, and Corsair Gaming Inc. (NASD:CRSR) will replace First Midwest Bancorp Inc. (NASD:FMBI) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, February 18. Old National Bancorp is acquiring First Midwest Bancorp in a transaction expected to be completed on or about February 16.  Post-merger, Old National Bancorp will be more representative of the mid-cap market space. Urban Edge Properties is 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

February 18, 2022

S&P MidCap 400

Addition

Old National Bancorp

ONB

Financials


S&P MidCap 400

Deletion

Urban Edge Properties

UE

Real Estate


S&P SmallCap 600

Addition

Urban Edge Properties

UE

Real Estate


S&P SmallCap 600

Addition

Corsair Gaming

CRSR

Information
Technology


S&P SmallCap 600

Deletion

Old National Bancorp

ONB

Financials


S&P SmallCap 600

Deletion

First Midwest Bancorp

FMBI

Financials

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