After the close on Wed., 12/15, S&P announced weekly sharecount changes that will be effective after the close on Wed., 12/22, KBW reports.
S&P is increasing the sharecounts of First Horizon National Corp. FHN, Huntington Bancshares Inc. HBAN, and HCP, Inc. HCP in the S&P 500 Index and Lexington Realty Trust LXP in the S&P 600 Index.
“We estimate the amount of shares that need to be bought by S&P index funds as a result of these sharecount changes,” KBW writes.
First Horizon closed Wednesday at $10.65; Huntington Bancshares Inc. closed at $6.27; HCP closed at $34.04; Lexington Realty Trust closed at $8.10.
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Posted In: Analyst RatingsFinancialsFirst Horizon National Corp.HCPHuntington BancsharesKBWLexington Realty TrustOffice REIT'sRegional BanksSpecialized REIT's
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