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NEW YORK, Sept. 5, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 22, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.
- Uber Technologies Inc. (NYSE: UBER) will replace Charter Communications Inc. (NASD: CHTR) in the S&P 100. Charter Communications will remain in the S&P 500.
- AppLovin Corp. (NASD: APP), Robinhood Markets Inc. (NASD: HOOD) and S&P MidCap 400 constituent Emcor Group Inc. (NYSE: EME) will replace MarketAxess Holdings Inc. (NASD: MKTX), Caesars Entertainment Inc. (NASD: CZR), and Enphase Energy Inc. (NASD: ENPH) in the S&P 500, respectively. S&P SmallCap 600 constituents MP Materials Corp. (NYSE: MP) and Kratos Defense & Security Solutions Inc. (NASD: KTOS) will replace Emcor Group and The Wendy's Company (NASD: WEN) in the S&P MidCap 400, respectively. MarketAxess Holdings, Caesars Entertainment, Enphase Energy and The Wendy's Company will replace ProPetro Holdings Corp. (NYSE: PUMP), Xerox Holdings (NASD: XRX), MP Materials Corp, and Kratos Defense & Security Solutions in the S&P SmallCap 600, respectively.
- Nutanix Inc. (NASD: NTNX) and TransUnion (NYSE: TRU) will replace Acadia Healthcare Company Inc. (NASD: ACHC) and ManpowerGroup Inc. (NYSE: MAN) in the S&P MidCap 400, respectively. Acadia Healthcare and ManpowerGroup will replace TechTarget Inc. (NASD: TTGT) and Mesa Laboratories Inc. (NASD: MLAB) in the S&P SmallCap 600, respectively.
- Noble Corporation plc (NYSE: NE), Q2 Holdings Inc. (NYSE: QTWO), Waystar Holding Corp. (NASD: WAY) and Hecla Mining Co. (NYSE: HL) will replace Owens & Minor Inc. (NYSE: OMI), B&G Food Inc. (NYSE: BGS), Jack in the Box Inc. (NASD: JACK) and Simulations Plus Inc. (NASD: SLP) in the S&P SmallCap 600, respectively.
Following is a summary of the changes 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 22, 2025 | S&P 100 | Addition | Uber Technologies | UBER | Industrials |
Sept 22, 2025 | S&P 100 | Deletion | Charter Communications | CHTR | Communications Services |
Sept 22, 2025 | S&P 500 | Addition | AppLovin | APP | Information Technology |
Sept 22, 2025 | S&P 500 | Addition | Robinhood Markets | HOOD | Financials |
Sept 22, 2025 | S&P 500 | Addition | Emcor Group | EME | Industrials |
Sept 22, 2025 | S&P 500 | Deletion | MarketAxess Holdings | MKTX | Financials |
Sept 22, 2025 | S&P 500 | Deletion | Caesars Entertainment | CZR | Consumer Discretionary |
Sept 22, 2025 | S&P 500 | Deletion | Enphase Energy | ENPH | Information Technology |
Sept 22, 2025 | S&P MidCap 400 | Addition | Nutanix | NTNX | Information Technology |
Sept 22, 2025 | S&P MidCap 400 | Addition | TransUnion | TRU | Industrials |
Sept 22, 2025 | S&P MidCap 400 | Addition | MP Materials | MP | Materials |
Sept 22, 2025 | S&P MidCap 400 | Addition | Kratos Defense & Security Solutions | KTOS | Industrials |
Sept 22, 2025 | S&P MidCap 400 | Deletion | Emcor Group | EME | Industrials |
Sept 22, 2025 | S&P MidCap 400 | Deletion | The Wendy's Company | WEN | Consumer Discretionary |
Sept 22, 2025 | S&P MidCap 400 | Deletion | Acadia Healthcare Company | ACHC | Health Care |
Sept 22, 2025 | S&P MidCap 400 | Deletion | ManpowerGroup | MAN | Industrials |
Sept 22, 2025 | S&P SmallCap 600 | Addition | MarketAxess Holdings | MKTX | Financials |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Caesars Entertainment | CZR | Consumer Discretionary |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Enphase Energy | ENPH | Information Technology |
Sept 22, 2025 | S&P SmallCap 600 | Addition | The Wendy's Company | WEN | Consumer Discretionary |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Acadia Healthcare Company | ACHC | Health Care |
Sept 22, 2025 | S&P SmallCap 600 | Addition | ManpowerGroup | MAN | Industrials |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Noble Corporation | NE | Energy |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Q2 Holdings | QTWO | Information Technology |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Waystar Holding | WAY | Health Care |
Sept 22, 2025 | S&P SmallCap 600 | Addition | Hecla Mining | HL | Materials |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | MP Materials | MP | Materials |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | Kratos Defense & Security Solutions | KTOS | Industrials |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | ProPetro Holding | PUMP | Energy |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | Xerox Holdings | XRX | Information Technology |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | TechTarget | TTGT | Communication Services |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | Mesa Laboratories | MLAB | Health Care |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | Owens & Minor | OMI | Health Care |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | B&G Foods | BGS | Consumer Staples |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | Jack in the Box | JACK | Consumer Discretionary |
Sept 22, 2025 | S&P SmallCap 600 | Deletion | Simulations Plus | SLP | Health Care |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
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SOURCE S&P Dow Jones Indices
NEW YORK, Aug. 27, 2025 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index effective prior to the open of trading on Thursday, September 11, to coincide with the semi-annual reconstitution of the index. The B500 contains the 500 most highly capitalized US companies weighted by float market cap, reflecting a market capitalization of $58.19 trillion.
Affirm Holdings, Inc. (AFRM), Astera Labs, Inc. (ALAB), The Carlyle Group, Inc. (CG), CyberArk Software, Ltd. (CYBR), EMCOR Group, Inc. (EME), Comfort Systems USA, Inc. (FIX), Insmed, Inc. (INSM), International Paper Company (IP), Jabil, Inc. (JBL), NiSource, Inc. (NI), NRG Energy, Inc. (NRG), Nutanix, Inc. (NTNX), Rocket Lab Corporation (RKLB), SoFi Technologies, Inc. (SOFI), Tapestry, Inc. (TPR), and Viking Holdings Ltd. (VIK) will enter the index. These equities span a variety of sectors, but Technology is most represented amongst this set, with Financial and Industrials directly following.
Changes to the B500 Index reflect the results of a purely rules-based index design focused on measuring markets with transparency and representativeness beyond market capitalization alone. As a result, the B500 mitigates potential biases and systematically evaluates potential members, which may lead to earlier additions of qualified companies when compared to indices using a committee-based approach.
Following is the list of membership changes:
Security Ticker | Security Name | BICS Sector | Index Event |
AFRM UW | Affirm Holdings Inc | Financials | Addition |
ALAB UW | Astera Labs Inc | Technology | Addition |
CG UW | Carlyle Group Inc/The | Financials | Addition |
FIX UN | Comfort Systems USA Inc | Industrials | Addition |
CYBR UW | CyberArk Software Ltd | Technology | Addition |
EME UN | EMCOR Group Inc | Industrials | Addition |
INSM UW | Insmed Inc | Health Care | Addition |
IP UN | International Paper Co | Materials | Addition |
JBL UN | Jabil Inc | Technology | Addition |
NI UN | NiSource Inc | Utilities | Addition |
NRG UN | NRG Energy Inc | Utilities | Addition |
NTNX UW | Nutanix Inc | Technology | Addition |
RKLB UR | Rocket Lab Corp | Industrials | Addition |
SOFI UW | SoFi Technologies Inc | Financials | Addition |
TPR UN | Tapestry Inc | Consumer Discretionary | Addition |
VIK UN | Viking Holdings Ltd | Consumer Discretionary | Addition |
AKAM UW | Akamai Technologies Inc | Technology | Deletion |
AMTM UN | Amentum Holdings Inc | Technology | Deletion |
AVTR UN | Avantor Inc | Health Care | Deletion |
ENTG UW | Entegris Inc | Technology | Deletion |
EPAM UN | EPAM Systems Inc | Technology | Deletion |
LINE UW | Lineage Inc | Real Estate | Deletion |
MOH UN | Molina Healthcare Inc | Health Care | Deletion |
RAL UN | Ralliant Corp | Industrials | Deletion |
RVTY UN | Revvity Inc | Health Care | Deletion |
SNDK UW | Sandisk Corp/DE | Technology | Deletion |
SWK UN | Stanley Black & Decker Inc | Industrials | Deletion |
SWKS UW | Skyworks Solutions Inc | Technology | Deletion |
WLK UN | Westlake Corp | Materials | Deletion |
The B500 is available to Terminal clients at {B500 INDEX <GO>}. All research and methodology for the indices are available at Bloombergindices.com.
About Bloomberg Index Services Limited
Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
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SOURCE Bloomberg L.P.