NEW
YORK, May 25, 2023 /PRNewswire/ -- Knife River
Corp. (NYSE: KNF) will be added to the S&P MidCap 400 prior to
the open of trading on Thursday, June
1 following its spin-off from S&P MidCap 400 constituent
MDU Resources Group Inc. (NYSE: MDU). Effective prior to the
open of trading on Friday, June 2,
S&P MidCap 400 constituent Bank of Hawaii Corp.
(NYSE:BOH) will replace HomeStreet Inc. (NASD:HMST) in the
S&P SmallCap 600. Post spin-off, parent company MDU Resources
Group will remain in the S&P MidCap 400. Bank of
Hawaii and HomeStreet are no
longer representative of the mid and small-cap market spaces,
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
|
June 1,
2023
|
S&P MidCap
400
|
Addition
|
Knife River
|
KNF
|
Materials
|
June 2,
2023
|
S&P MidCap
400
|
Deletion
|
Bank of
Hawaii
|
BOH
|
Financials
|
June 2,
2023
|
S&P SmallCap
600
|
Addition
|
Bank of
Hawaii
|
BOH
|
Financials
|
June 2,
2023
|
S&P SmallCap
600
|
Deletion
|
HomeStreet
|
HMST
|
Financials
|
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