MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600

<br /> MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600<br />

MGIC Investment & Halozyme Therapeutics Set to Join S&P MidCap 400; First Bancorp, The Geo Group & Mednax to Join S&P SmallCap 600

PR Newswire


NEW YORK

,

Nov. 5, 2020

/PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P  MidCap 400 and SmallCap 600 effective prior to the opening of trading on

Friday, November 13

:

  • First Bancorp (NASD:FBNC) will replace AMAG Pharmaceuticals Inc. (NASD:AMAG) in the S&P SmallCap 600. Covis Group is acquiring AMAG Pharmaceuticals in a deal expected to be completed soon pending final conditions.
  • MGIC Investment Corp. (NYSE:MTG) will replace The Geo Group Inc. (NYSE:GEO) in the S&P MidCap 400, and The Geo Group will replace Gulfport Energy Corp. (NASD:GPOR) in the S&P SmallCap 600. Halozyme Therapeutics Inc.(NASD:HALO) will replace Mednax Inc. (NYSE:MD) in the S&P MidCap 400, and Mednax will replace Washington Prime Group Inc. (NYSE:WPG) in the S&P SmallCap 600. The GEO Group and Mednax are more representative of the small-cap market space. Gulfport Energy and Washington Prime Group are no longer representative of the small-cap market space.

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



November 13, 2020


S&P MidCap 400


Addition


MGIC Investment


MTG


Financials


S&P MidCap 400


Addition


Halozyme Therapeutics


HALO


Health Care


S&P MidCap 400


Deletion


Geo Group


GEO


Real Estate


S&P MidCap 400


Deletion


Mednax


MD


Health Care


S&P SmallCap 600


Addition


First Bancorp


FBNC


Financials


S&P SmallCap 600


Addition


Geo Group


GEO


Real Estate


S&P SmallCap 600


Addition


Mednax


MD


Health Care


S&P SmallCap 600


Deletion


AMAG Pharmaceuticals


AMAG


Health Care


S&P SmallCap 600


Deletion


Gulfport Energy


GPOR


Energy


S&P SmallCap 600


Deletion


Washington Prime Group


WPG


Real Estate

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

.


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SOURCE S&P Dow Jones Indices