PVH, PENN Entertainment, Dynatrace, Annaly Capital Mgmt. to Join S&P 400
By Stephen Nakrosis
PVH Corp., PENN Entertainment Inc., Annaly Capital Management Inc. and Dynatrace Inc. will join the S&P MidCap 400 index of Sept. 19, S&P Dow Jones Indices said Friday.
Clothier PVH, whose brands include Calvin Klein and Tommy Hilfiger, and gaming company PENN Entertainment will join the S&P 400 from the S&P 500. S&P Dow Jones Indices said that are “more representative of the mid-cap market space.”
PVH is replacing real estate investment trust Hudson Pacific Properties, which in turn is replacing American Public Education Inc. on the S&P SmallCap 600. PENN is replacing Mercury General Corp., which will replace eHealth Inc. on the S&P 600.
Annaly Capital Management, a REIT, is replacing Minerals Technologies Inc., which will move to the S&P 600 and replace Glatfelter Corp. Software company Dynatrace is replacing American Eagle Outfitters Inc., which will move to the S&P 600 and replace CalAmp Corp.
Also on Sept. 19, Outfront Media Inc., an outdoor media and advertising company, will join the S&P 600, replacing Fossil Group Inc.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
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