Sabra Health Care REIT Set to Join S&P MidCap 400; Barracuda Networks to Join S&P SmallCap 600

NEW YORK, Aug. 10, 2017 /PRNewswire/ -- S&P SmallCap 600 constituent Sabra Health Care REIT Inc. (NASD: SBRA) will replace Care Capital Properties Inc. (NYSE: CCP) in the S&P MidCap 400, and Barracuda Networks Inc. (NYSE: CUDA) will replace Sabra Health Care REIT in the S&P SmallCap 600 effective prior to the open on Thursday, August 17. Sabra Health Care REIT is acquiring Care Capital Properties in a deal expected to be completed soon pending final closing conditions. The post merged Sabra Health Care REIT will be more representative of the mid-cap market space.

Sabra Health Care REIT, operating as a real estate investment trust, owns and invests in real estate properties for the healthcare industry. Headquartered in Irvine, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Health Care REITs Sub-Industry index.

Barracuda Networks designs and delivers security and data protection solutions. Headquartered in Campbell, CA, the company will be added to the S&P SmallCap 600 GICS Systems Software Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – August 17, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Sabra Health Care REIT	Real Estate	Health Care REITs
DELETED	Care Capital Properties	Real Estate	Health Care REITs

 

S&P SMALLCAP 600 INDEX – August 17, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Barracuda Networks	Information Technology	Systems Software
DELETED	Sabra Health Care	Real Estate	Health Care REITs

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SOURCE S&P Dow Jones Indices

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