By Maria Armental

 

Match Group Inc., Ceridian HCM Holding Inc., and Brown & Brown Inc. will join the S&P 500 index before trading begins on Sept. 20 to coincide with the quarterly rebalance, according to S&P Dow Jones Indices.

Match Group replaces Perrigo Co., which in turn will take WW International Inc.'s spot in the S&P MidCap 400, and WW International will replace Team Inc. in the S&P SmallCap 600.

S&P MidCap 400 constituents Ceridian HCM Holding and Brown & Brown will replace Unum Group and NOV Inc., which will move to the S&P MidCap 400.

And Tandem Diabetes Care Inc. will replace Healthcare Services Group Inc. in the S&P MidCap 400, while Healthcare Services Group replaces MicroStrategy Inc. in the S&P SmallCap 600.

UniQure NV will replace United Insurance Holdings Corp. in the S&P SmallCap 600.

Shares of companies that join the S&P 500 often rise as portfolio managers who track the index buy shares.

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

September 03, 2021 18:01 ET (22:01 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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