NEW YORK — Brooklyn-based Etsy (NASD: ETSY), which operates an e-commerce site for handmade goods and crafts, is joining the prestigious S&P 500 stock Index on Monday, September 21. The announcement was made last week by S&P Dow Jones Indices, which oversees the index.
Along with Etsy, other S&P MidCap 400 constituents Teradyne Inc. (NASD:TER), and Catalent Inc. (NYSE:CTLT) will move to the S&P 500, replacing H&R Block Inc. (NYSE:HRB) Coty Inc. (NYSE:COTY) and Kohl’s Corp. (NYSE:KSS), all of which will move to the S&P MidCap 400.
S&P SmallCap 600 constituents Wingstop Inc. (NASD:WING), Medpace Holdings Inc. (NASD:MEDP), and Fox Factory Holding Corp. (NASD:FOXF) will move to the S&P MidCap 400, replacing PBF Energy Inc. (NYSE:PBF), Allegheny Technologies Inc. (NYSE:ATI) and Mack-Cali Realty Corp. (NYSE:CLI), all of which will move to the S&P SmallCap 600.
Jazz Pharmaceuticals plc (NASD:JAZZ) will replace Transocean Ltd (NYSE:RIG) in the S&P MidCap 400. Transocean is no longer representative of the mid-cap market space.
Mr. Cooper Group Inc. (NASD:COOP) and R1 RCM Inc. (NASD:RCM) will replace Express Inc. (NYSE:EXPR) and Pennsylvania Real Estate (NYSE:PEI) respectively in the S&P SmallCap 600. Express and Pennsylvania Real Estate are no longer representative of the small-cap market space.
The addition of Etsy to the S&P 500 caps an impressive year for the company, whose stock has risen 154.9% year to date. Etsy went public on the Nasdaq on April 16, 2015 at $16 per share.
Following is a summary of the changes by S&P that will take place prior to the open of trading on the effective date:
Effective Date |
Index Name |
Action |
Company Name |
Ticker |
GICS Sector |
Sept. 21, 2020 |
S&P 500 |
Addition |
Etsy |
ETSY |
Consumer Discretionary |
Sept. 21, 2020 |
S&P 500 |
Addition |
Teradyne |
TER |
Information Technology |
Sept. 21, 2020 |
S&P 500 |
Addition |
Catalent |
CTLT |
Health Care |
Sept. 21, 2020 |
S&P 500 |
Deletion |
H&R Block |
HRB |
Consumer Discretionary |
Sept. 21, 2020 |
S&P 500 |
Deletion |
Coty |
COTY |
Consumer Staples |
Sept. 21, 2020 |
S&P 500 |
Deletion |
Kohl’s |
KSS |
Consumer Discretionary |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
H&R Block |
HRB |
Consumer Discretionary |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
Coty |
COTY |
Consumer Staples |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
Kohl’s |
KSS |
Consumer Discretionary |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
Jazz Pharmaceuticals |
JAZZ |
Health Care |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
Wingstop |
WING |
Consumer Discretionary |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
Medpace Holdings |
MEDP |
Health Care |
Sept. 21, 2020 |
S&P MidCap 400 |
Addition |
Fox Factory Holding |
FOXF |
Consumer Discretionary |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
Etsy |
ETSY |
Consumer Discretionary |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
Teradyne |
TER |
Information Technology |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
Catalent |
CTLT |
Health Care |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
Transocean |
RIG |
Energy |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
PBF Energy |
PBF |
Energy |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
Allegheny Technologies |
ATI |
Materials |
Sept. 21, 2020 |
S&P MidCap 400 |
Deletion |
Mack-Cali Realty |
CLI |
Real Estate |
Sept. 21, 2020 |
S&P SmallCap 600 |
Addition |
PBF Energy |
PBF |
Energy |
Sept. 21, 2020 |
S&P SmallCap 600 |
Addition |
Allegheny Technologies |
ATI |
Materials |
Sept. 21, 2020 |
S&P SmallCap 600 |
Addition |
Mack-Cali Realty |
CLI |
Real Estate |
Sept. 21, 2020 |
S&P SmallCap 600 |
Addition |
Mr. Cooper Group |
COOP |
Financials |
Sept. 21, 2020 |
S&P SmallCap 600 |
Addition |
R1 RCM |
RCM |
Health Care |
Sept. 21, 2020 |
S&P SmallCap 600 |
Deletion |
Express |
EXPR |
Consumer Discretionary |
Sept. 21, 2020 |
S&P SmallCap 600 |
Deletion |
Pennsylvania Real Estate |
PEI |
Real Estate |
Sept. 21, 2020 |
S&P SmallCap 600 |
Deletion |
Wingstop |
WING |
Consumer Discretionary |
Sept. 21, 2020 |
S&P SmallCap 600 |
Deletion |
Medpace Holdings |
MEDP |
Health Care |
Sept. 21, 2020 |
S&P SmallCap 600 |
Deletion |
Fox Factory Holding |
FOXF |
Consumer Discretionary |