Advance Auto Parts Set to Join the S&P 500; Jack in the Box, West Pharmaceutical Services to Join S&P MidCap 400; Northfield Bancorp, Constant Contact to Join S&P SmallCap 600

Jul 06, 2015, 18:20 ET from S&P Dow Jones Indices

NEW YORK, July 6, 2015 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices after the close of trading on Wednesday, July 8:

  • S&P MidCap 400 constituent Advance Auto Parts Inc. (NYSE: AAP) will replace Family Dollar Stores Inc. (NYSE: FDO) in the S&P 500, S&P SmallCap 600 constituent Jack in the Box Inc. (NASD:JACK) will replace Advance Auto Parts in the S&P MidCap 400, and Northfield Bancorp Inc. (NASD:NFBK) will replace Jack in the Box in the S&P SmallCap 600. S&P 500 constituent Dollar Tree Inc. (NASD:DLTR) is acquiring Family Dollar Stores in a transaction that was completed today.
  • S&P SmallCap 600 constituent West Pharmaceutical Services Inc. (NYSE: WST) will replace Advent Software Inc. (NASD:ADVS) in the S&P MidCap 400, and Constant Contact Inc. (NASD:CTCT) will replace West Pharmaceutical Services in the S&P SmallCap 600. SS&C Technologies Holdings Inc. (NASD:SSNC) is acquiring Advent Software in a transaction expected to be completed soon.

Advance Auto Parts operates as a specialty retailer of automotive replacement parts, accessories, batteries, and maintenance items. Headquartered in Roanoke, VA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Automotive Retail Sub-Industry index.

Jack in the Box operates and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Grill fast-casual restaurants. Headquartered in San Diego, CA, the company will be added to the S&P MidCap 400 GICS Restaurants Sub-Industry index.

Northfield Bancorp offers banking products and services. Headquartered in Woodbridge, NJ, the company will be added to the S&P SmallCap 600 GICS Thrifts & Mortgage Finance Sub-Industry index.

West Pharmaceutical Services develops, manufactures, and sells components and systems for the packaging and delivery of injectable drugs, as well as delivery system components for the pharmaceutical, healthcare, and consumer products industries. Headquartered in Exton, PA, the company will be added to the S&P MidCap 400 Health Care Supplies Sub-Industry index.

Constant Contact provides online marketing tools. Headquartered in Waltham, MA, the company will be added to the S&P SmallCap 600 Internet Software & Services Sub-Industry index.

Following is a summary of the changes:

S&P 500 INDEX – July 8, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Advance Auto Parts

Consumer Discretionary

 Automotive Retail

DELETED

Family Dollar Stores

Consumer Discretionary

General Merchandise Stores

 

S&P MIDCAP 400 INDEX – July 8, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Jack in the Box

Consumer Discretionary

Restaurants

West Pharmaceutical Services

Health Care

Health Care Supplies

DELETED

Advance Auto Parts

Consumer Discretionary

Automotive Retail

Advent Software

Information Technology

Application Software

 

S&P SMALLCAP 600 INDEX – July 8, 2015

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Northfield Bancorp

Financials

Thrifts & Mortgage Finance

Constant Contact

Information Technology

Internet Software & Services

DELETED

Jack in the Box

Consumer Discretionary

Restaurants

West Pharmaceutical Services

Health Care

Health Care Supplies

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.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.  

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For more information:

David Blitzer Managing Director and Chairman of the Index Committee S&P Dow Jones Indices (+) 212 438 3907 david.blitzer@spdji.com 

David R. Guarino Communications S&P Dow Jones Indices (+1) 212 438 1471 dave.guarino@spdji.com

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