GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600
- Solventum Corp. (NYSE:
SOLV ) will be added to the S&P 500 effective prior to the open of trading onMonday, April 1 , replacingV.F. Corp. (NYSE: VFC), which will be moved to the S&P SmallCap 600 effective prior to the open of trading onWednesday, April 3 . V.F. will replace (ModivCare Inc .NASD : MODV) in the S&P SmallCap 600 also effective prior to the open of trading onApril 3 . S&P 500 and 100 constituent (NYSE: MMM) is spinning off Solventum in a transaction expected to be completed3M Co .April 1 . Following the spin-off, the parent 3M will remain in the S&P 500 and S&P 100. V.F. is no longer representative of the large-cap market space, andModivCare is no longer representative of the small-cap market space. -
GE Vernova Inc. (NYSE: GEV) will be added to the S&P 500 effective prior to the open of trading onTuesday, April 2 , replacing (Dentsply Sirona Inc .NASD : XRAY), which will be moved to the S&P MidCap 400 effective prior to the open of trading onWednesday, April 3 .Dentsply Sirona will replace (Fox Factory Holding Corp .NASD : FOXF) in the S&P MidCap 400, andFox Factory Holding will replaceThe E.W. Scripps Co. (NASD : SSP) in the S&P SmallCap 600, also effective prior to the open of trading onApril 3 . S&P 500 and 100 constituentGeneral Electric Corp. (NYSE:GE ) is spinning off GE Vernova in a transaction expected to be completedApril 2 . Following the spin-off,General Electric will have a name change toGE Aerospace and will remain in the S&P 500 and S&P 100.Dentsply Sirona is no longer representative of the large-cap market space.Fox Factory Holding is no longer representative of the mid-cap market space, andE.W. Scripps is 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 |
Ticker |
GICS Sector |
|
S&P 500 |
Addition |
Solventum |
|
Health Care* |
|
S&P 500 |
Addition |
GE Vernova |
GEV |
Industrials |
|
S&P 500 |
Deletion |
V.F. |
VFC |
Consumer Discretionary |
|
S&P 500 |
Deletion |
|
XRAY |
Health Care |
|
S&P MidCap 400 |
Addition |
|
XRAY |
Health Care |
|
S&P MidCap 400 |
Deletion |
|
FOXF |
Consumer Discretionary |
|
S&P SmallCap 600 |
Addition |
V.F. |
VFC |
Consumer Discretionary |
|
S&P SmallCap 600 |
Addition |
|
FOXF |
Consumer Discretionary |
|
S&P SmallCap 600 |
Deletion |
|
MODV |
Health Care |
|
S&P SmallCap 600 |
Deletion |
|
SSP |
Communication Services |
*As a spin-off, Solventum Corp. will be added to GICS Industrials Sector prior to the market open on |
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