PTC (PTC) Set to Join S&P 500
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S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the open of trading on Tuesday, April 20:
• S&P MidCap 400 constituent PTC Inc. (NASDAQ: PTC) will replace Varian Medical Systems Inc. (NYSE: VAR) in the S&P 500, and Lattice Semiconductor Co. (NASDAQ: LSCC) will replace PTC in the S&P MidCap 400. Siemens Healthineers AG (XETR: SHL) acquired Varian Medical Systems Inc. in a deal that closed today, April 15.
• Progyny Inc. (NASDAQ: PGNY) will replace Domtar Corp. (NYSE: UFS) in the S&P MidCap 400, and Domtar will replace NIC Inc. (NASDAQ: EGOV) in the S&P SmallCap 600. S&P 500 constituent Tyler Technologies Inc. (NYSE: TYL) is acquiring NIC in a deal expected to close soon pending final conditions. Domtar has a market capitalization more representative of the small-cap market space.
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