NEW YORK, Aug. 1, 2023 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P MidCap 400:
Penske Automotive Group Inc. (NYSE: PAG) will replace Univar Solutions Inc. (NYSE: UNVR) in the S&P MidCap 400 effective prior to the opening of trading on Friday, August 4. Apollo Global Management Inc. (NYSE: APO) acquired Univar Solutions in a deal that closed today.
Erie Indemnity Co. (NASD: ERIE) will replace PDC Energy Inc. (NASD: PDCE) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, August 8. S&P 500 & 100 constituent Chevron Corp. (NYSE: CVX) is acquiring PDC Energy in a deal expected to be completed soon 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 |
|
August 4, 2023 |
S&P MidCap 400 |
Addition |
Penske Automotive Group |
PAG |
Consumer Discretionary |
|
S&P MidCap 400 |
Deletion |
Univar Solutions |
UNVR |
Industrials |
|
|
August 8, 2023 |
S&P MidCap 400 |
Addition |
Erie Indemnity |
ERIE |
Financials |
|
S&P MidCap 400 |
Deletion |
PDC Energy |
PDCE |
Energy |
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