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Alliant Energy Set to Join the S&P 500; Southwest Gas to Join S&P MidCap 400; Shutterstock to Join S&P SmallCap 600
[June 29, 2016]

Alliant Energy Set to Join the S&P 500; Southwest Gas to Join S&P MidCap 400; Shutterstock to Join S&P SmallCap 600


NEW YORK, June 29, 2016 /PRNewswire/ -- S&P MidCap 400 constituent Alliant Energy Corp. (NYSE: LNT) will replace AGL Resources Inc. (NYSE: GAS) in the S&P 500, S&P SmallCap 600 constituent Southwest Gas Corp. (NYSE: SWX) will replace Alliant Energy in the S&P MidCap 400, and Shutterstock Inc. (NYSE: SSTK) will replace Southwest Gas in the S&P SmallCap 600 after the close of trading on Thursday, June 30. S&P 100 & 500 constituent Southern Co. (NYSE: SO) is acquiring AGL Resources in a deal expected to be completed soon, pending final conditions.

Alliant Energy provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale customers. Headquartered in Madison, WI, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Electric Utilities Sub-Industry index.

Southwest Gas purchases, distributes, and transports natural gas. Headquartered in Las Vegas, NV, the company will be added to the S&P MidCap 400 GICS Gas Utilities Sub-Industry index.

Shutterstock provides content products and services, and offers digital imagery services used in visual communications. Headquartered in New York, NY, the Company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.

Following is a summary of the changes:





S&P 500 INDEX – June 30, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Alliant Energy

Utilities

Electric Utilities

DELETED

AGL Resources

Utilities

Gas Utilities


 

S&P MIDCAP 400 INDEX – June 30, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Southwest Gas

Utilities

Gas Utilities

DELETED

Alliant Energy

Utilities

Electric Utilities

 

S&P SMALLCAP 600 INDEX – June 30, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Shutterstock

Information Technology

Internet Software &
Services

DELETED

Southwest Gas

Utilities

Gas Utilities

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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines 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:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alliant-energy-set-to-join-the-sp-500-southwest-gas-to-join-sp-midcap-400-shutterstock-to-join-sp-smallcap-600-300292363.html

SOURCE S&P Dow Jones Indices


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