Cleveland-Cliffs Set to Join S&P MidCap 400; WSFS Financial to Join S&P SmallCap 600

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Cleveland-Cliffs Set to Join S&P MidCap 400; WSFS Financial to Join S&P SmallCap 600

PR Newswire

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- S&P SmallCap 600 constituent Cleveland-Cliffs Inc. (NYSE: CLF) will replace Eaton Vance Corp. (NYSE: EV) in the S&P MidCap 400, and WSFS Financial Corp. (NASD: WSFS) will replace Cleveland-Cliffs in the S&P SmallCap 600 effective prior to the opening of trading on Monday, March 1. S&P 500/100 constituent Morgan Stanley (NYSE: MS) is acquiring Eaton Vance in a deal expected to be completed on or about that date pending final 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

March 1, 2021

S&P MidCap 400

Addition

Cleveland-Cliffs

CLF

Materials


S&P MidCap 400

Deletion

Eaton Vance

EV

Financials


S&P SmallCap 600

Addition

WSFS Financial

WSFS

Financials


S&P SmallCap 600

Deletion

Cleveland-Cliffs

CLF

Materials

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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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.

FOR MORE INFORMATION:

S&P Dow Jones Indices
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Cision View original content:http://www.prnewswire.com/news-releases/cleveland-cliffs-set-to-join-sp-midcap-400-wsfs-financial-to-join-sp-smallcap-600-301234083.html

SOURCE S&P Dow Jones Indices

Copyright CNW Group 2021

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