Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, June 2, 2023 /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 Tuesday, June 20, to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday. The changes ensure each index is more representative of its market capitalization range. All companies moving to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies moving 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.

Palo Alto Networks Inc. (NASD:PANW) will replace DISH Network Corp. (NASD:DISH) in the S&P 500, and DISH Network will replace Cutera Inc. (NASD:CUTR) in the S&P SmallCap 600.
Doximity Inc. (NYSE:DOCS), Berry Global Group Inc. (NYSE:BERY), BWX Technologies Inc.DISH (NYSE:BWXT), Planet Fitness Inc. (NYSE:PLNT), Crown Holdings Inc. (NYSE:CCK), Dropbox Inc. (NASD:DBX), Graphic Packaging Holding Co. (NYSE:GPK), Ovintiv Inc. (NYSE:OVV), ZoomInfo Technologies Inc. (NASD:ZI) and WESCO Intl Inc. (NYSE:WCC) will replace Dana Inc. (NYSE:DAN), John Wiley & Sons Inc. (NYSE:WLY), Sunpower Corp. (NASD:SPWR), Ingevity Corp. (NYSE:NGVT), Fulton Financial Corp. (PA) (NASD:FULT), Douglas Emmett (NYSE:DEI), Victoria’s Secret & Co. (NYSE:VSCO), Macerich Co. (NYSE:MAC), SiTime Corp. (NASD:SITM), and Navient Corp. (NASD:NAVI) respectively in the S&P MidCap 400. All constituents being removed from the S&P MidCap 400 will be added to the S&P SmallCap 600 replacing PetMed Express Inc. (NASD:PETS), Comtech Telecommunications Corp. (NASD:CMTL), Eagle Pharmaceuticals Inc. (NASD:EGRX), Children’s Place Inc. (NASD:PLCE), Rayonier Advanced Materials Inc (NYSE:RYAM), LivePerson Inc. (NASD:LPSN), Gannett Co Inc. (NYSE:GCI), DMC Global Inc. (NASD:BOOM), Genesco Inc. (NYSE:GCO), and Zumiez (NASD:ZUMZ) respectively.
Artisan Partners Asset Management Inc. (NYSE:APAM), California Resources Corp. (NYSE:CRC), CarGurus Inc. (NASD:CARG), Moelis & Co. (NYSE:MC), Phillips Edison & Company Inc. (NASD:PECO), Schrodinger Inc. (NASD:SDGR), and UFP Technologies Inc. (NASD:UFPT) will replace LendingTree Inc. (NASD:TREE), Tredegar Corp. (NYSE:TG), Inogen Inc. (NASD:INGN), Douglas Elliman Inc. (NYSE:DOUG), FARO Technologies Inc. (NASD:FARO), Cara Therapeutics Inc. (NASD:CARA) and Big Lots Inc. (NYSE:BIG) in the S&P SmallCap 600.

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
June 19, 2023	S&P 500	Addition	Palo Alto Networks	PANW	Information Technology
	S&P 500	Deletion	DISH Network	DISH	Communication Services
June 19, 2023	S&P MidCap 400	Addition	Berry Global Group	BERY	Materials
	S&P MidCap 400	Addition	BWX Technologies	BWXT	Industrials
	S&P MidCap 400	Addition	Crown Holdings	CCK	Materials
	S&P MidCap 400	Addition	Doximity	DOCS	Health Care
	S&P MidCap 400	Addition	Dropbox	DBX	Information Technology
	S&P MidCap 400	Addition	Graphic Packaging Holding	GPK	Materials
	S&P MidCap 400	Addition	Ovintiv	OVV	Energy
	S&P MidCap 400	Addition	Planet Fitness	PLNT	Consumer Discretionary
	S&P MidCap 400	Addition	WESCO Intl	WCC	Industrials
	S&P MidCap 400	Addition	ZoomInfo Technologies	ZI	Communication Services
	S&P MidCap 400	Deletion	Dana	DAN	Consumer Discretionary
	S&P MidCap 400	Deletion	Douglas Emmett	DEI	Real Estate
	S&P MidCap 400	Deletion	Fulton Financial (PA)	FULT	Financials
	S&P MidCap 400	Deletion	Ingevity	NGVT	Materials
	S&P MidCap 400	Deletion	John Wiley & Sons	WLY	Communication Services
	S&P MidCap 400	Deletion	Macerich	MAC	Real Estate
	S&P MidCap 400	Deletion	Navient	NAVI	Financials
	S&P MidCap 400	Deletion	SiTime	SITM	Information Technology
	S&P MidCap 400	Deletion	Sunpower	SPWR	Industrials
	S&P MidCap 400	Deletion	Victoria’s Secret & Co	VSCO	Consumer Discretionary
June 19, 2023	S&P SmallCap 600	Addition	Artisan Partners Asset Mgt	APAM	Financials
	S&P SmallCap 600	Addition	California Resources	CRC	Energy
	S&P SmallCap 600	Addition	CarGurus	CARG	Communication Services
	S&P SmallCap 600	Addition	Dana	DAN	Consumer Discretionary
	S&P SmallCap 600	Addition	DISH Network	DISH	Communication Services
	S&P SmallCap 600	Addition	Douglas Emmett	DEI	Real Estate
	S&P SmallCap 600	Addition	Fulton Financial (PA)	FULT	Financials
	S&P SmallCap 600	Addition	Ingevity	NGVT	Materials
	S&P SmallCap 600	Addition	John Wiley & Sons	WLY	Communication Services
	S&P SmallCap 600	Addition	Macerich	MAC	Real Estate
	S&P SmallCap 600	Addition	Moelis & Co	MC	Financials
	S&P SmallCap 600	Addition	Navient	NAVI	Financials
	S&P SmallCap 600	Addition	Phillips Edison & Co	PECO	Real Estate
	S&P SmallCap 600	Addition	Schrodinger	SDGR	Health Care
	S&P SmallCap 600	Addition	SiTime Corp	SITM	Information Technology
	S&P SmallCap 600	Addition	Sunpower Corp	SPWR	Industrials
	S&P SmallCap 600	Addition	UFP Technologies	UFPT	Health Care
	S&P SmallCap 600	Addition	Victoria’s Secret & Co	VSCO	Consumer Discretionary
	S&P SmallCap 600	Deletion	Big Lots	BIG	Consumer Discretionary
	S&P SmallCap 600	Deletion	Cara Therapeutics	CARA	Health Care
	S&P SmallCap 600	Deletion	Children’s Place	PLCE	Consumer Discretionary
	S&P SmallCap 600	Deletion	Comtech Telecommunications	CMTL	Information Technology
	S&P SmallCap 600	Deletion	Cutera	CUTR	Health Care
	S&P SmallCap 600	Deletion	DMC Global	BOOM	Energy
	S&P SmallCap 600	Deletion	Douglas Elliman	DOUG	Real Estate
	S&P SmallCap 600	Deletion	Eagle Pharmaceuticals	EGRX	Health Care
	S&P SmallCap 600	Deletion	FARO Technologies	FARO	Information Technology
	S&P SmallCap 600	Deletion	Gannett Co	GCI	Communication Services
	S&P SmallCap 600	Deletion	Genesco	GCO	Consumer Discretionary
	S&P SmallCap 600	Deletion	Inogen	INGN	Health Care
	S&P SmallCap 600	Deletion	LendingTree	TREE	Financials
	S&P SmallCap 600	Deletion	LivePerson	LPSN	Information Technology
	S&P SmallCap 600	Deletion	PetMed Express	PETS	Consumer Discretionary
	S&P SmallCap 600	Deletion	Rayonier Advanced Materials	RYAM	Materials
	S&P SmallCap 600	Deletion	Tredegar	TG	Materials
	S&P SmallCap 600	Deletion	Zumiez	ZUMZ	Consumer Discretionary

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