NEW YORK, Jan. 29, 2020 /PRNewswire/ -- S&P SmallCap 600 constituent Darling Ingredients Inc. (NYSE: DAR) will replace Liberty Property Trust (NYSE: LPT) in the S&P MidCap 400, and Sunrun Inc. (NASD: RUN) will replace Darling Ingredients in the S&P SmallCap 600 prior to the open of trading on Tuesday, February 4. S&P 500 constituent Prologis Inc. (NYSE: PLD) is acquiring Liberty Property Trust in a transaction expected to be completed soon pending final conditions.
Darling Ingredients develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. Headquartered in Irving, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Agricultural Products Sub-Industry index.
Sunrun engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems. Headquartered in San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS Electrical Components & Equipment Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400 INDEX – February 4, 2020 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Darling Ingredients |
Consumer Staples |
Agricultural Products |
|
DELETED |
Liberty Property Trust |
Real Estate |
Diversified REITs |
|
S&P SMALLCAP 600 INDEX – February 4, 2020 |
|||
|
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
|
ADDED |
Sunrun |
Industrials |
Electrical Components & Equipment |
|
DELETED |
Darling Ingredients |
Consumer Staples |
Agricultural Products |
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View original content:http://www.prnewswire.com/news-releases/darling-ingredients-set-to-join-sp-midcap-400-and-sunrun-to-join-sp-smallcap-600-300995709.html
SOURCE S&P Dow Jones Indices
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