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Corteva Set to Join S&P 500; Fluor to Join S&P MidCap 400 and Realogy and Bloomin' Brands to Join S&P SmallCap 600

Published: 2019-05-28 22:16:00 ET

NEW YORK, May 28, 2019 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600:

Corteva Inc. (NYSE: CTVA) will be added to the S&P 500 prior to the open of trading on Monday, June 3. Corteva will replace Fluor Corp. (NYSE: FLR), which will be removed from the S&P 500 effective prior to the open of trading on Tuesday, June 4. Also effective prior to the open of trading on June 4, Fluor will replace Realogy Holdings Corp. (NYSE: RLGY) in the S&P MidCap 400, and Realogy will replace Pioneer Energy Services Corp. (NYSE: PES) in the S&P SmallCap 600. S&P 500 and 100 constituent DowDuPont Inc. (NYSE: DWDP) is spinning off Corteva in a transaction expected to be completed on June 3. Post spin-off, DowDuPont will remain in the S&P 500 & 100 indices. It will change its name to DuPont de Nemours Inc. and its ticker symbol to DD. Fluor has a market capitalization more representative of the mid-cap market space, and Realogy has a market capitalization more representative of the small-cap market space. Pioneer Energy Services is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.
Bloomin' Brands Inc. (NASD: BLMN) will replace Travelport Worldwide Limited (NYSE: TVPT) in the S&P SmallCap 600 effective prior to the open of trading on Monday, June 3. Siris Capital Group LLC is acquiring Travelport Worldwide in a transaction expected to be completed on or about May 30 pending final approvals.

Corteva provides agriculture products. Headquartered in Wilmington, DE, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Agricultural Products Sub-Industry Index.

Fluor provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services. Headquartered in Irving, TX, the company will be added to the S&P MidCap 400 GICS Construction & Engineering Sub-Industry index.

Realogy Holdings provides real estate and relocation services. Headquartered in Madison, NJ, the company will be added to the S&P SmallCap 600 GICS Real Estate Services Sub-Industry index.

Bloomin' Brands owns and operates casual, upscale casual, and fine dining restaurants. Headquartered in Tampa, FL, the company will be added to the S&P SmallCap 600 GICS Restaurants Sub-Industry index.

Following is a summary of the changes:

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

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SOURCE S&P Dow Jones Indices

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.