R1 RCM Set to Join S&P MidCap 400; Bancorp to Join S&P SmallCap 600

May 3, 2021 6:47 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

NEW YORK, May 3, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent R1 RCM Inc. (NASD: RCM) will replace Perspecta Inc. (NYSE: PRSP) in the S&P MidCap 400 and The Bancorp Inc. (NASD: TBBK) will replace R1 RCM in the S&P SmallCap 600 effective prior to the opening of trading on Friday, May 7.  Veritas Capital is acquiring Perspecta in a deal expected to be completed soon pending final conditions.

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

May 7, 2021

S&P MidCap 400

Addition

R1 RCM

RCM

Health Care

S&P MidCap 400

Deletion

Perspecta

PRSP

Information Technology

S&P SmallCap 600

Addition

The Bancorp

TBBK

Financials

S&P SmallCap 600

Deletion

R1 RCM

RCM

Health Care

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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define 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:

S&P Dow Jones Indicesindex_services@spglobal.com

Media Inquiriesspdji.comms@spglobal.com

Cision View original content:http://www.prnewswire.com/news-releases/r1-rcm-set-to-join-sp-midcap-400-bancorp-to-join-sp-smallcap-600-301282606.html

SOURCE S&P Dow Jones Indices



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

PRNewswire, Press Releases