Sprouts Farmers Market Set to Join the S&P MidCap 400

Feb 05, 2016, 17:52 ET from S&P Dow Jones Indices LLC

NEW YORK, Feb. 5, 2016 /PRNewswire/ -- Sprouts Farmers Market Inc. (NASDAQ: SFM) will replace SolarWinds Inc. (NYSE: SWI) in the S&P MidCap 400 after the close of trading on Monday, February 8. Private equity firms Silver Lake Partners and Thoma Bravo LLC acquired SolarWinds in a deal that closed today.

Sprouts Farmers Market operates as a specialty retailer of fresh, natural, and organic food. Headquartered in Phoenix, AZ, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Food Retail Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – February 8, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Sprouts Farmers
Market

Consumer Staples

Food Retail

DELETED

SolarWinds

Information Technology

Application Software

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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