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 |
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