NEW YORK, July 26, 2018 /PRNewswire/ -- S&P
SmallCap 600 constituent World Wrestling Entertainment Inc. (NYSE:
WWE) will replace Quality Care Properties Inc. (NYSE: QCP) in the
S&P MidCap 400, and Granite Point Mortgage Trust Inc. (NYSE:
GPMT) will replace World Wrestling Entertainment in the S&P
SmallCap 600 effective prior to the open of trading on Wednesday, August 1. S&P 500 constituent
Welltower Inc. (NYSE: WELL) is acquiring Quality Care Properties in
a transaction expected to be completed on or about July 27 pending final conditions.
World Wrestling Entertainment engages in the sports
entertainment business. Headquartered in Stamford, CT, the company will be added to the
S&P MidCap 400 GICS (Global Industry Classification Standard)
Movies & Entertainment Sub-Industry index.
Granite Point Mortgage Trust originates, invests in, and manages
senior floating-rate commercial mortgage loans, and other debt and
debt-like commercial real estate investments. Headquartered
in New York, NY, the company will
be added to the S&P SmallCap 600 GICS Mortgage REITs
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – AUGUST 1, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
World
Wresting
Entertainment
|
Consumer
Discretionary
|
Movies &
Entertainment
|
DELETED
|
Quality
Care
Properties
|
Real
Estate
|
Health Care
REITs
|
S&P SMALLCAP
600 INDEX – AUGUST 1, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Granite
Point
Mortgage
Trust
|
Financials
|
Mortgage
REITs
|
DELETED
|
World
Wresting
Entertainment
|
Consumer
Discretionary
|
Movies &
Entertainment
|
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visit www.spdji.com
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SOURCE S&P Dow Jones Indices