Builders FirstSource Set to Join S&P

S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. 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), S&P MidCap 400 constituents Jabil Inc (NYSE: JBL) and Builders FirstSource Inc. (NYSE: BLDR) will replace Sealed Air Corp. (NYSE: SEE), Alaska Air Group Inc. (NYSE: ALK) and SolarEdge Technologies Inc. (NASD: SEDG) in the S&P 500 respectively, S&P SmallCap 600 constituents Rambus Inc. (NASD: RMBS) and Comfort Systems USA Inc. (NYSE: FIX) will replace Jabil and Builders FirstSource in the S&P MidCap 400, and Sealed Air, Alaska Air Group, and SolarEdge Technologies will replace Orthofix Medical (NASD: OFIX), Rambus, and Comfort Systems USA respectively in the S&P SmallCap 600.
• Houlihan Lokey Inc. (NYSE: HLI) and Equitable Holdings Inc. (NYSE: EQH) will replace Topgolf Callaway Brands Corp. (NYSE: MODG) and Vestis Corp. (NYSE: VSTS) in the S&P MidCap 400, and Topgolf Callaway Brands and Vestis will replace Clearfield Inc. (NASD: CLFD) and OneSpan Inc. (NASD: OSPN) respectively in the S&P SmallCap 600.
• Alkermes plc (NASD: ALKS), Armstrong World Industries Inc. (NYSE: AWI), National HealthCare Corp. (NYSE American: NHC), and PJT Partners Inc. (NYSE: PJT) will replace Community Health Systems Inc. (NYSE: CYH), Invesco Mortgage Capital Inc (NYSE: IVR), Avid Bioservices Inc. (NASD: CDMO) and James River Group Holdings Ltd (NASD: JRVR) respectively in the S&P SmallCap 600.

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
Dec. 18, 2023	S&P 500	Addition	Uber Technologies	UBER	Industrials
Dec. 18, 2023	S&P 500	Addition	Jabil	JBL	Information Technology
Dec. 18, 2023	S&P 500	Addition	Builders FirstSource	BLDR	Industrials
Dec. 18, 2023	S&P 500	Deletion	Sealed Air	SEE	Materials
Dec. 18, 2023	S&P 500	Deletion	Alaska Air Group	ALK	Industrials
Dec. 18, 2023	S&P 500	Deletion	SolarEdge Technologies	SEDG	Information Technology
Dec. 18, 2023	S&P MidCap 400	Addition	Rambus	RMBS	Information Technology
Dec. 18, 2023	S&P MidCap 400	Addition	Comfort Systems USA	FIX	Industrials
Dec. 18, 2023	S&P MidCap 400	Addition	Houlihan Lokey	HLI	Financials
Dec. 18, 2023	S&P MidCap 400	Addition	Equitable Holdings	EQH	Financials
Dec. 18, 2023	S&P MidCap 400	Deletion	Jabil	JBL	Information Technology
Dec. 18, 2023	S&P MidCap 400	Deletion	Builders FirstSource	BLDR	Industrials
Dec. 18, 2023	S&P MidCap 400	Deletion	Topgolf Callaway Brands	MODG	Consumer Discretionary
Dec. 18, 2023	S&P MidCap 400	Deletion	Vestis	VSTS	Industrials
Dec. 18, 2023	S&P SmallCap 600	Addition	Sealed Air	SEE	Materials
Dec. 18, 2023	S&P SmallCap 600	Addition	Alaska Air Group	ALK	Industrials
Dec. 18, 2023	S&P SmallCap 600	Addition	SolarEdge Technologies	SEDG	Information Technology
Dec. 18, 2023	S&P SmallCap 600	Addition	Topgolf Callaway Brands	MODG	Consumer Discretionary
Dec. 18, 2023	S&P SmallCap 600	Addition	Vestis	VSTS	Industrials
Dec. 18, 2023	S&P SmallCap 600	Addition	Alkermes	ALKS	Health Care
Dec. 18, 2023	S&P SmallCap 600	Addition	Armstrong World Industries	AWI	Industrials
Dec. 18, 2023	S&P SmallCap 600	Addition	National HealthCare	NHC	Health Care
Dec. 18, 2023	S&P SmallCap 600	Addition	PJT Partners	PJT	Financials
Dec. 18, 2023	S&P SmallCap 600	Deletion	Orthofix	OFIX	Health Care
Dec. 18, 2023	S&P SmallCap 600	Deletion	Rambus	RMBS	Information Technology
Dec. 18, 2023	S&P SmallCap 600	Deletion	Comfort Systems USA	FIX	Industrials
Dec. 18, 2023	S&P SmallCap 600	Deletion	Clearfield	CLFD	Information Technology
Dec. 18, 2023	S&P SmallCap 600	Deletion	OneSpan	OSPN	Information Technology
Dec. 18, 2023	S&P SmallCap 600	Deletion	Community Health Systems	CYH	Health Care
Dec. 18, 2023	S&P SmallCap 600	Deletion	Invesco Mortgage Capital	IVR	Financials
Dec. 18, 2023	S&P SmallCap 600	Deletion	Avid Bioservices	CDMO	Health Care
Dec. 18, 2023	S&P SmallCap 600	Deletion	James River Group Holdings	JRVR	Financials

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Source: S&P Dow Jones Indices