S&P Dow Jones Indices announces quarterly rebalance

S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 22, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. Uber Technologies (UBER) will replace Charter Communications (CHTR) in the S&P 100. Charter Communications will remain in the S&P 500. AppLovin Corp. (APP), Robinhood Markets (HOOD) and S&P MidCap 400 constituent Emcor Group(EME) will replace MarketAxess Holdings (MKTX), Caesars Entertainment (CZR), and Enphase Energy (ENPH) in the S&P 500, respectively. S&P SmallCap 600 constituents MP Materials (MP) and Kratos Defense & Security Solutions (KTOS) will replace Emcor Group and The Wendy’s Company (WEN) in the S&P MidCap 400, respectively. MarketAxess Holdings, Caesars Entertainment, Enphase Energy and The Wendy’s Company will replace ProPetro Holdings (PUMP), Xerox Holdings (XRX), MP Materials Corp, and Kratos Defense & Security Solutions in the S&P SmallCap 600, respectively. Nutanix (NTNX) and TransUnion (TRU) will replace Acadia Healthcare Company (ACHC) and ManpowerGroup (MAN) in the S&P MidCap 400, respectively. Acadia Healthcare and ManpowerGroup will replace TechTarget (TTGT) and Mesa Laboratories (MLAB) in the S&P SmallCap 600, respectively. Noble Corporation (NE), Q2 Holdings (QTWO), Waystar Holding Corp (WAY) and Hecla Mining Co. (HL) will replace Owens & Minor (OMI), B&G Food (BGS), Jack in the Box (JACK) and Simulations Plus Inc. (SLP) in the S&P SmallCap 600, respectively.