Bright Horizons Family Solutions and Remitly Global Set to Join S&P SmallCap 600
- Bright Horizons Family Solutions Inc. (NYSE: BFAM) will replace Tri Pointe Homes Inc. (NYSE: TPH). Sumitomo Forestry Group (TSE: 1911) is acquiring Tri Pointe Homes in a deal expected to close soon, pending final closing conditions.
- Remitly Global Inc. (NASD: RELY) will replace Apellis Pharmaceuticals Inc. (NASD: APLS). S&P 500 constituent Biogen Inc. (NASD: BIIB) is acquiring Apellis Pharmaceuticals in a deal expected to close soon, pending final closing 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 | |
S&P SmallCap 600 | Addition | Bright Horizons Family Solutions | BFAM | Consumer Discretionary | ||
S&P SmallCap 600 | Deletion | Tri Pointe Homes | TPH | Consumer Discretionary | ||
S&P SmallCap 600 | Addition | Remitly Global | RELY | Financials | ||
S&P SmallCap 600 | Deletion | Apellis Pharmaceuticals | APLS | Health Care | ||
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