S&P Dow Jones Indices made a few changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective before trading on September 18 to coincide with the quarterly rebalance. A few of those changes impact companies in the active lifestyle market.

The changes ensure that each index is more representative of its market capitalization range.

  • Airbnb Inc. (NASD:ABNB) will replace Newell Brands, Inc. (NASD:NWL) in the S&P 500.
  • In the S&P MidCap 400 index, Vail Resorts, Inc. (NYSE:MTN) is replacing Xerox Holdings Corp. 
  • (NASD:XRX) and Fidelity National Financial, Inc. (NYSE:FNF) replaces Foot Locker, Inc. (NYSE:FL).
  • Newell Brands, Inc. (NASD:NWL) and Foot Locker, Inc. (NYSE:FL) will move to the S&P SmallCap 600.

S&P Dow Jones Indices said that the companies added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies added to the S&P SmallCap 600 are more representative of the small-cap market space.

Image courtesy S&P Dow Jones Indices