Equity LifeStyle Properties Set to Join S&P MidCap 400
NEW YORK, July 19, 2023 /PRNewswire/ -- Equity LifeStyle Properties Inc. (NYSE:ELS) will replace Life Storage Inc. (NYSE:LSI) in the S&P MidCap 400 effective prior to the opening of trading on Monday, July 24. S&P 500 constituent Extra Space Storage Inc. (NYSE:EXR) is acquiring Life Storage in a deal expected to be completed on July 20 pending final conditions.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
July 24, 2023 | S&P MidCap 400 | Addition | Equity LifeStyle Properties | ELS | Real Estate |
S&P MidCap 400 | Deletion | Life Storage | LSI | Real Estate |
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