Alliant Energy Set to Join the S&P 500; Southwest Gas to Join S&P MidCap 400; Shutterstock to Join S&P SmallCap 600
Get Alerts LNT Hot Sheet
Join SI Premium – FREE
NEW YORK, June 29, 2016 /PRNewswire/ -- S&P MidCap 400 constituent Alliant Energy Corp. (NYSE: LNT) will replace AGL Resources Inc. (NYSE: GAS) in the S&P 500, S&P SmallCap 600 constituent Southwest Gas Corp. (NYSE: SWX) will replace Alliant Energy in the S&P MidCap 400, and Shutterstock Inc. (NYSE: SSTK) will replace Southwest Gas in the S&P SmallCap 600 after the close of trading on Thursday, June 30. S&P 100 & 500 constituent Southern Co. (NYSE: SO) is acquiring AGL Resources in a deal expected to be completed soon, pending final conditions.
Alliant Energy provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale customers. Headquartered in Madison, WI, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Electric Utilities Sub-Industry index.
Southwest Gas purchases, distributes, and transports natural gas. Headquartered in Las Vegas, NV, the company will be added to the S&P MidCap 400 GICS Gas Utilities Sub-Industry index.
Shutterstock provides content products and services, and offers digital imagery services used in visual communications. Headquartered in New York, NY, the Company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.
Following is a summary of the changes:
S&P 500 INDEX – June 30, 2016 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Alliant Energy |
Utilities |
Electric Utilities |
DELETED |
AGL Resources |
Utilities |
Gas Utilities |
S&P MIDCAP 400 INDEX – June 30, 2016 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Southwest Gas |
Utilities |
Gas Utilities |
DELETED |
Alliant Energy |
Utilities |
Electric Utilities |
S&P SMALLCAP 600 INDEX – June 30, 2016 | |||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY | |
ADDED |
Shutterstock |
Information Technology |
Internet Software & Services |
DELETED |
Southwest Gas |
Utilities |
Gas Utilities |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
David BlitzerManaging Director and Chairman of the Index Committee New York, USA(+1) 212 438 3907[email protected]
Soogyung JordanGlobal Head of Communications New York, USA(+1) 212 438 2297 [email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliant-energy-set-to-join-the-sp-500-southwest-gas-to-join-sp-midcap-400-shutterstock-to-join-sp-smallcap-600-300292363.html
SOURCE S&P Dow Jones Indices
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Green Box Unveils Dynamic Lineup for 16th Annual Arts Festival
- Alongside Users: ZUHYX Redefines Interactive Experience
- BioMedNewsBreaks — Nutriband Inc. (NASDAQ: NTRB) Engages IBN for Corporate Communications Expertise
Create E-mail Alert Related Categories
Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!