Amedisys Set to Join S&P MidCap 400; Innovative Industrial Properties to Join S&P SmallCap 600
Ryan Allway
February 18th, 2019
News
NEW YORK, February 14, 2019: S&P SmallCap 600 constituent Amedisys Inc. (NASD: AMED) will replace Aspen Insurance Holdings Ltd. (NYSE: AHL) in the S&P MidCap 400, and Innovative Industrial Properties Inc. (NYSE: IIPR) will replace Amedisys in the S&P SmallCap 600 effective prior to the open of trading on Thursday, February 21. Apollo Global Management (NYSE: APO) is acquiring Aspen Insurance Holdings in a transaction expected to be completed on February 15 pending final conditions.
Amedisys provides healthcare services. Headquartered in Baton Rouge, LA, the company will be added to the S&P MidCap 400 Global Industry Classification Standard (GICS) Health Care Services Sub-Industry index.
Innovative Industrial Properties, a real estate investment trust (REIT), focuses on the acquisition, ownership and management of specialized industrial properties. Headquartered in San Diego, CA, the company will be added to the S&P SmallCap 600 GICS Industrial REITs Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – February 21, 2019 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Amedisys Health Care Health Care Services DELETED Aspen Insurance Holdings Financials Property & Casualty Insurance
S&P SMALLCAP 600 INDEX – February 21, 2019 COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY ADDED Innovative Industrial Properties Real Estate Industrial REITs DELETED Amedisys Health Care Health Care Services
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About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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