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Ollie's Bargain Outlet Holdings Set to Join S&P MidCap 400; Berkshire Hills Bancorp Set to Join S&P SmallCap 600

NEW YORK, June 6, 2018 /PRNewswire/ -- S&P SmallCap 600 constituent Ollie's Bargain Outlet Holdings Inc. (OLLI) will replace Orbital ATK Inc. (OA) in the S&P MidCap 400, and Berkshire Hills Bancorp Inc. (BHLB) will replace Ollie's Bargain Outlet Holdings in the S&P SmallCap 600 effective prior to the open of trading on Monday, June 11. S&P 500 constituent Northrop Grumman Corp. (NOC) is acquiring Orbital ATK in a deal expected to be completed today.

Ollie's Bargain Outlet Holdings operates as a retailer of brand name merchandise. Headquartered in Harrisburg, PA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) General Merchandise Stores Sub-Industry index.

Berkshire Hills Bancorp provides various banking products and services. Headquartered in Boston, MA, the company will be added to the S&P SmallCap 600 GICS Regional Banks Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – JUNE 11, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Ollie's Bargain
Outlet Holdings

Consumer Discretionary

General Merchandise Stores

DELETED

Orbital ATK

Industrials

Aerospace & Defense

 

S&P SMALLCAP 600 INDEX – JUNE 11, 2018


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Berkshire Hills
Bancorp

Financials

Regional Banks

DELETED

Ollie's Bargain
Outlet Holdings

Consumer Discretionary

General Merchandise Stores

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