{"id":809545,"date":"2025-02-05T18:31:30","date_gmt":"2025-02-05T23:31:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/millrose-properties-set-to-join-sp-smallcap-600\/"},"modified":"2025-02-05T18:31:30","modified_gmt":"2025-02-05T23:31:30","slug":"millrose-properties-set-to-join-sp-smallcap-600","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/millrose-properties-set-to-join-sp-smallcap-600\/","title":{"rendered":"Millrose Properties Set to Join S&P SmallCap 600"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n NEW YORK<\/span>
\n <\/span>, Feb. 5, 2025<\/span><\/span> \/PRNewswire\/ — Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 10<\/span>. S&P 500 constituent Lennar Corp (NYSE: LEN) is spinning off Millrose Properties in a transaction expected to be completed on Friday, February 7<\/span>. Following the spin-off, Lennar will remain in the S&P 500, and Millrose Properties, which is more representative of the small cap market space, will be added to the S&P SmallCap 600. Ironwood Pharmaceuticals is no longer representative of the small-cap market space.<\/p>\n

Following is a summary of the changes that will take place prior to the open of trading on the effective date:<\/p>\n

\n\n\n\n\n
\n

\n
\n Effective Date\u00a0<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Index Name\u00a0<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Action\u00a0<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Company Name\u00a0<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Ticker\u00a0<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n GICS Sector\u00a0<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0February 10, 2025<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n S&P SmallCap 600\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n Addition\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n Millrose Properties<\/span>\n <\/p>\n<\/td>\n

\n

\n MRP\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n Real Estate<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n \u00a0February 10, 2025<\/b>\u00a0\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n S&P SmallCap 600\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n Deletion\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n Ironwood Pharmaceuticals<\/span>\n <\/p>\n<\/td>\n

\n

\n IRWD\u00a0<\/span>\n <\/p>\n<\/td>\n

\n

\n Health Care<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

For more information about S&P Dow Jones Indices, please visit\u00a0www.spdji.com<\/p>\n

ABOUT S&P DOW JONES INDICES<\/p>\n

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500\u00ae and the Dow Jones Industrial Average\u00ae. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow<\/span> invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.<\/p>\n

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com<\/a>.<\/p>\n

\n FOR MORE INFORMATION:<\/b>\n <\/p>\n

\n S&P Dow Jones Indices
<\/b>
\n index_services@spglobal.com<\/a>\u00a0<\/p>\n

\n Media Inquiries
<\/b>
\n spdji.comms@spglobal.com<\/a>\n <\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/millrose-properties-set-to-join-sp-smallcap-600-302369460.html<\/a><\/p>\n

SOURCE S&P Dow Jones Indices<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK , Feb. 5, 2025 \/PRNewswire\/ — Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 10. S&P 500 constituent Lennar Corp (NYSE: LEN) is spinning off Millrose Properties in a transaction expected to be completed on Friday, February 7. Following the spin-off, Lennar will remain in the S&P 500, and Millrose Properties, which is more representative of the small cap market space, will be added to the S&P SmallCap 600. Ironwood Pharmaceuticals 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 … <\/p>\n

Continue reading “Millrose Properties Set to Join S&P SmallCap 600”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-809545","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMillrose Properties Set to Join S&P SmallCap 600 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/millrose-properties-set-to-join-sp-smallcap-600\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Millrose Properties Set to Join S&P SmallCap 600 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Feb. 5, 2025 \/PRNewswire\/ — Millrose Properties Inc. (NYSE: MRP) will replace Ironwood Pharmaceuticals Inc. (NASD: IRWD) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 10. S&P 500 constituent Lennar Corp (NYSE: LEN) is spinning off Millrose Properties in a transaction expected to be completed on Friday, February 7. Following the spin-off, Lennar will remain in the S&P 500, and Millrose Properties, which is more representative of the small cap market space, will be added to the S&P SmallCap 600. Ironwood Pharmaceuticals 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 … Continue reading "Millrose Properties Set to Join S&P SmallCap 600"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/millrose-properties-set-to-join-sp-smallcap-600\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-05T23:31:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY13094&sd=2025-02-05\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/millrose-properties-set-to-join-sp-smallcap-600\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/millrose-properties-set-to-join-sp-smallcap-600\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Millrose Properties Set to Join S&P SmallCap 600\",\"datePublished\":\"2025-02-05T23:31:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/millrose-properties-set-to-join-sp-smallcap-600\\\/\"},\"wordCount\":354,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/millrose-properties-set-to-join-sp-smallcap-600\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY13094&sd=2025-02-05\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/millrose-properties-set-to-join-sp-smallcap-600\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/millrose-properties-set-to-join-sp-smallcap-600\\\/\",\"name\":\"Millrose Properties Set to Join S&P SmallCap 600 - 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