PR Newswire | Aug 25, 2020 06:20PM EDT

SmallCap 600

08/25 17:19 CDT

Lithia Motors Set to Join S&P MidCap 400; BankUnited & Trupanion to Join S&P SmallCap 600 NEW YORK, Aug. 25, 2020

NEW YORK, Aug. 25, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Tuesday, September 1:

* S&P SmallCap 600 constituent Lithia Motors Inc. (NYSE:LAD) will replace LogMeIn Inc. (NASD:LOGM) in the S&P MidCap 400, and BankUnited Inc. (NYSE:BKU) will replace Lithia Motors in the S&P SmallCap 600. Francisco Partners and Elliott Management Corp. are acquiring LogMeIn in a deal expected to be completed soon pending final conditions. * Trupanion Inc. (NASD:TRUP) will replace Ring Energy Inc. (NYSE American:REI) in the S&P SmallCap 600. Ring Energy is no longer representative of the small-cap market space.

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 TickerGICS Sector

September 1, 2020S&P MidCap 400 AdditionLithia MotorsLAD Consumer Discretionary

September 1, 2020S&P MidCap 400 DeletionLogMeIn LOGM Information Technology

September 1, 2020S&P SmallCap 600 AdditionBankUnited BKU Financials

September 1, 2020S&P SmallCap 600 DeletionLithia MotorsLAD Consumer Discretionary

September 1, 2020S&P SmallCap 600 AdditionTrupanion TRUP Financials

September 1, 2020S&P SmallCap 600 DeletionRing Energy REI Energy

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SOURCE S&P Dow Jones Indices