NEW YORK, May 21, 2026 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 27.
- Universal Technical Institute Inc. (NYSE: UTI) will replace Veris Residential Inc. (NYSE: VRE). Affinius Capital and Vista Hill Partners are acquiring Veris Residential in a deal expected to be completed soon, pending final closing conditions.
- Peloton Interactive Inc. (NASD: PTON) will replace Enviri Corp. (NYSE: NVRI). Enviri is spinning off certain operations and assets later this month into a new publicly traded company. Post spin-off, Veolia Environment SA will acquire the remaining parent entity. The new publicly traded company is not expected to be 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 |
Ticker |
GICS Sector |
|
|
May 27, 2026 |
S&P SmallCap 600 |
Addition |
Universal Technical Institute |
UTI |
Consumer Discretionary |
|
|
May 27, 2026 |
S&P SmallCap 600 |
Deletion |
Veris Residential |
VRE |
Real Estate |
|
|
May 27, 2026 |
S&P SmallCap 600 |
Addition |
Peloton Interactive |
PTON |
Consumer Discretionary |
|
|
May 27, 2026 |
S&P SmallCap 600 |
Deletion |
Enviri Corporation |
NVRI |
Industrials |
|
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SOURCE S&P Dow Jones Indices
