NEW YORK, Feb. 16, 2023 /PRNewswire/ -- S&P SmallCap 600 constituent UFP Industries Inc. (NASD: UFPI) will replace LHC Group Inc. (NASD: LHCG) in the S&P MidCap 400, and Otter Tail Corp.
(NASD: OTTR) will replace UFP Industries in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, February 23. S&P 500 constituent UnitedHealth Group Inc. (NYSE: UNH) is acquiring LHC Group in a deal expected to be completed soon pending final conditions.
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 |
February 23, 2023 | S&P MidCap 400 | Addition | UFP Industries | UFPI | Industrials |
| S&P MidCap 400 | Deletion | LHC Group | LHCG | Health Care |
| S&P SmallCap 600 | Addition | Otter Tail | OTTR | Utilities |
| S&P SmallCap 600 | Deletion | UFP Industries | UFPI | Industrials |
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