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MarketAxess Holdings Set to Join S&P 500; Axon Enterprise to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK , June 24, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600:

  • S&P MidCap 400 constituent MarketAxess Holdings Inc. ( MKTX ) will replace L3 Technologies Inc. ( LLL ) in the S&P 500, S&P SmallCap 600 constituent Axon Enterprise Inc. ( AAXN ) will replace MarketAxess Holdings in the S&P MidCap 400, and Mesa Laboratories Inc. ( MLAB ) will replace Axon Enterprise in the S&P SmallCap 600 effective prior to the open of trading on Monday, July 1 . S&P 500 constituent Harris Corp. ( HRS ) is acquiring L3 Technologies in a deal expected to be completed on or about that date pending final approvals.
  • USANA Health Sciences Inc. ( USNA ) will replace Fidelity Southern Corp. ( LION ) in the S&P SmallCap 600 effective prior to the open of trading on Monday, July 1 . S&P SmallCap 600 constituent Ameris Bancorp ( ABCB ) is acquiring Fidelity Southern in a deal expected to be completed on or about that date pending final conditions.
  • Xencor Inc. ( XNCR ) will replace HFF Inc. ( HF ) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, July 2 . S&P MidCap 400 constituent Jones Lang LaSalle Inc. ( JLL ) is acquiring HFF in a deal expected to be completed on or about that date pending final approvals.

MarketAxess Holdings operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments. Headquartered in New York, NY , the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Financial Exchanges & Data Sub-Industry index.

Axon Enterprise develops, manufactures, and sells conducted energy weapons. Headquartered in Scottsdale, AZ , the company will be added to the S&P MidCap 400 GICS Aerospace & Defense Sub-Industry index.

Mesa Laboratories designs, manufactures, and markets quality control instruments and disposable products. Headquartered in Lakewood, CO , the company will be added to the S&P SmallCap 600 GICS Health Care Equipment Sub-Industry index.

USANA Health Sciences develops, manufactures, and sells science-based nutritional and personal care products. Headquartered in Salt Lake City, UT , the company will be added to the S&P SmallCap 600 GICS Personal Products Sub-Industry index.

Xencor focuses on the discovery and development of engineered monoclonal antibody and other protein therapeutics. Headquartered in Monrovia, CA , the company will be added to the S&P SmallCap 600 GICS Biotechnology Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – July 1, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

MarketAxess
Holdings

Financials

Financial Exchanges &
Data

DELETED

L3 Technologies

Industrials

Aerospace & Defense

S&P MIDCAP 400 INDEX – July 1, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Axon Enterprise

Industrials

Aerospace & Defense

DELETED

MarketAxess
Holdings

Financials

Financial Exchanges &
Data

S&P SMALLCAP 600 INDEX – July 1, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Mesa
Laboratories

Health Care

Health Care Equipment


USANA Health

Consumer Staples

Personal Products

DELETED

Axon Enterprise

Industrials

Aerospace & Defense


Fidelity Southern

Financials

Regional Banks

S&P SMALLCAP 600 INDEX – July 2, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

       Xencor

Health Care

Biotechnology

DELETED

HFF

Real Estate

Real Estate Services

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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