Old National Bancorp Set to Join S&P MidCap 400; Urban Edge Properties & Corsair Gaming to Join S&P SmallCap 600
NEW YORK, Feb. 15, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Old National Bancorp (NASD:ONB) will replace Urban Edge Properties (NYSE:UE) in the S&P MidCap 400, Urban Edge Properties will replace Old National Bancorp in the S&P SmallCap 600, and Corsair Gaming Inc. (NASD:CRSR) will replace First Midwest Bancorp Inc. (NASD:FMBI) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, February 18. Old National Bancorp is acquiring First Midwest Bancorp in a transaction expected to be completed on or about February 16. Post-merger, Old National Bancorp will be more representative of the mid-cap market space. Urban Edge Properties is more representative of the small-cap market space.
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 |
February 18, 2022 | S&P MidCap 400 | Addition | Old National Bancorp | ONB | Financials |
S&P MidCap 400 | Deletion | Urban Edge Properties | UE | Real Estate | |
S&P SmallCap 600 | Addition | Urban Edge Properties | UE | Real Estate | |
S&P SmallCap 600 | Addition | Corsair Gaming | CRSR | Information | |
S&P SmallCap 600 | Deletion | Old National Bancorp | ONB | Financials | |
S&P SmallCap 600 | Deletion | First Midwest Bancorp | FMBI | Financials |
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