Independence Realty Trust Set to Join S&P MidCap 400; Alpha and Omega Semiconductor & Dynavax Technologies to Join S&P SmallCap 600
NEW YORK, May 12, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Dynavax Technologies Corp. (NASD: DVAX) will replace Bottomline Technologies Inc. (NASD: EPAY) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 17. Thoma Bravo LP is acquiring Bottomline Technologies in a deal expected to be completed on May 13.
- S&P SmallCap 600 constituent Independence Realty Trust Inc. (NYSE:IRT) will replace Mimecast Ltd. (NASD: MIME) in the S&P MidCap 400, and Alpha and Omega Semiconductor Ltd. (NASD: AOSL) will replace Mimecast in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 19. Permira Holdings Ltd. is acquiring Mimecast in a deal expected to be completed on or about that date 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 |
May 17, 2022 | S&P SmallCap 600 | Addition | Dynavax Technologies | DVAX | Health Care |
S&P SmallCap 600 | Deletion | Bottomline Technologies | EPAY | Information Technology | |
May 19, 2022 | S&P MidCap 400 | Addition | Independence Realty Trust | IRT | Real Estate |
S&P MidCap 400 | Deletion | Mimecast | MIME | Information Technology | |
S&P SmallCap 600 | Addition | Alpha and Omega Semiconductor | AOSL | Information Technology | |
S&P SmallCap 600 | Deletion | Independence Realty Trust | IRT | Real Estate |
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SOURCE S&P Dow Jones Indices