Littelfuse Set to Join the S&P MidCap 400; Insteel Industries to Join S&P SmallCap 600

Mittwoch, 23.11.2016 23:55 von

PR Newswire

NEW YORK, Nov. 23, 2016 /PRNewswire/ -- S&P SmallCap 600 constituent Littelfuse Inc. (NASD: LFUS) will replace Lexmark International Inc. (NYSE: LXK) in the S&P MidCap 400, and Insteel Industries Inc. (NASD: IIIN) will replace Littelfuse in the S&P SmallCap 600 after the close of trading on Monday, November 28. Lexmark International is being acquired by Apex Technology and PAG Asia Capital in a deal expected to be completed on or about that date pending final conditions.

Littelfuse designs, manufactures, and sells circuit protection devices. Headquartered in Chicago, IL, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Electronic Components Sub-Industry index.

Insteel Industries manufactures and markets steel wire reinforcing products. Headquartered in Mount Airy, NC, the company will be added to the S&P SmallCap 600 GICS Building Products Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – NOVEMBER 28, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Littelfuse

Information Technology

Electronic Components

DELETED

Lexmark International

Information Technology

Technology Hardware, Storage & Peripherals

 

S&P SMALLCAP 600 INDEX – NOVEMBER 28, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Insteel Industries

Industrials

Building Products

DELETED

Littelfuse

Information Technology

Electronic Components

 

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee 
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

Luke Shane
Communications Manager
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com

 

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SOURCE S&P Dow Jones Indices