Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. 

• Apollo Global Management Inc. APO and Workday Inc. WDAY will replace Qorvo Inc. QRVO and Amentum Holdings Inc. AMTM in the S&P 500, respectively. Qorvo and Amentum Holdings will replace Kelly Services Inc. KELYA and Service Properties Trust SVC in the S&P SmallCap 600, respectively.
• S&P SmallCap 600 constituents Comerica Inc. CMA and Carpenter Technology Corp. CRS will replace Vishay Intertechnology Inc. VSH and Carters Inc. CRI in the S&P MidCap 400 respectively, and Vishay Intertechnology and Carters will replace Comerica and Carpenter Technology in the S&P SmallCap 600.
• Terreno Realty Corp. TRNO and Champion Homes Inc. SKY will replace Hudson Pacific Properties Inc. HPP and REGENXBIO Inc. RGNX in the S&P SmallCap 600, respectively.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

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 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