Columbia Sportswear Set to Join S&P MidCap 400 and Uniti Group to Join S&P SmallCap 600

NEW YORK, Dec. 17, 2019 /PRNewswire/ -- Columbia Sportswear Company (NASD: COLM) will replace Uniti Group Inc. (NASD: UNIT) in the S&P MidCap 400, and Uniti Group Inc. will replace Carrizo Oil & Gas Inc. (NASD: CRZO) in the S&P SmallCap 600 prior to the open of trading on Monday, December 23. Callon Petroleum Company (NYSE: CPE) is acquiring Carrizo Oil & Gas Inc. in a deal expected to be completed soon pending final conditions. Uniti Group has a market capitalization that is more representative of the small-cap market space.

Columbia Sportswear Company designs, sources, markets, and distributes outdoor and active lifestyle apparel, footwear, accessories, and equipment. Headquartered in Portland, OR, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Apparel, Accessories & Luxury Goods Sub-Industry index.

Uniti Group, an internally managed real estate investment trust, is engaged in the acquisition and construction of communications infrastructure and is a provider of wireless infrastructure solutions for the communications industry. Headquartered in Little Rock, AR, the company will be added to the S&P SmallCap 600 GICS Specialized REITs Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – December 23, 2019
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Columbia Sportswear	Consumer Discretionary	Apparel, Accessories & Luxury Goods
DELETED	Uniti Group	Real Estate	Specialized REITs

 

S&P SMALLCAP 600 INDEX – December 23, 2019
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Uniti Group	Real Estate	Specialized REITs
DELETED	Carrizo Oil & Gas	Energy	Oil & Gas Exploration & Production

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SOURCE S&P Dow Jones Indices

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