Enact Holdings Set to Join S&P SmallCap 600
Enact Holdings (NASDAQ: ACT) is set to join the S&P SmallCap 600 index, replacing SolarWinds Corp (NYSE: SWI) effective prior to market opening on Wednesday, April 16, 2025. The change comes as Turn/River Capital's acquisition of SolarWinds approaches completion, pending final closing conditions.
The modification will see Enact Holdings, classified under the Financials sector, added to the index, while SolarWinds, from the Information Technology sector, will be removed.
Enact Holdings (NASDAQ: ACT) è pronta a unirsi all'indice S&P SmallCap 600, sostituendo SolarWinds Corp (NYSE: SWI) a partire dall'apertura del mercato di mercoledì 16 aprile 2025. Questo cambiamento avviene mentre l'acquisizione di SolarWinds da parte di Turn/River Capital si avvicina alla conclusione, in attesa delle condizioni finali di chiusura.
La modifica prevede che Enact Holdings, classificata nel settore Finanziario, venga aggiunta all'indice, mentre SolarWinds, appartenente al settore della Tecnologia dell'Informazione, sarà rimossa.
Enact Holdings (NASDAQ: ACT) está lista para unirse al índice S&P SmallCap 600, reemplazando a SolarWinds Corp (NYSE: SWI) a partir de la apertura del mercado el miércoles 16 de abril de 2025. Este cambio se produce a medida que la adquisición de SolarWinds por parte de Turn/River Capital se acerca a su finalización, a la espera de las condiciones finales de cierre.
La modificación verá a Enact Holdings, clasificada en el sector Financiero, añadida al índice, mientras que SolarWinds, del sector de Tecnología de la Información, será eliminada.
Enact Holdings (NASDAQ: ACT)는 S&P SmallCap 600 지수에 합류할 예정이며, SolarWinds Corp (NYSE: SWI)를 대체합니다. 이는 2025년 4월 16일 수요일 시장 개장 전에 시행됩니다. 이 변화는 Turn/River Capital의 SolarWinds 인수가 마무리 단계에 접어들면서 이루어지며, 최종 마감 조건을 기다리고 있습니다.
이 수정으로 Enact Holdings는 금융 부문에 분류되어 지수에 추가되고, SolarWinds는 정보 기술 부문에서 제거될 것입니다.
Enact Holdings (NASDAQ: ACT) est sur le point de rejoindre l'indice S&P SmallCap 600, remplaçant ainsi SolarWinds Corp (NYSE: SWI) à compter de l'ouverture des marchés le mercredi 16 avril 2025. Ce changement intervient alors que l'acquisition de SolarWinds par Turn/River Capital approche de sa conclusion, en attente des conditions finales de clôture.
La modification verra Enact Holdings, classée dans le secteur financier, ajoutée à l'indice, tandis que SolarWinds, du secteur des technologies de l'information, sera retirée.
Enact Holdings (NASDAQ: ACT) wird dem S&P SmallCap 600 Index beitreten und SolarWinds Corp (NYSE: SWI) ersetzen, und zwar vor der Markteröffnung am Mittwoch, den 16. April 2025. Diese Änderung erfolgt, während die Übernahme von SolarWinds durch Turn/River Capital kurz vor dem Abschluss steht, vorbehaltlich der endgültigen Abschlussbedingungen.
Die Änderung wird dazu führen, dass Enact Holdings, die dem Finanzsektor zugeordnet ist, in den Index aufgenommen wird, während SolarWinds, das dem Sektor der Informationstechnologie angehört, entfernt wird.
- Addition to S&P SmallCap 600 index increases visibility and trading volume potential
- Inclusion may lead to increased institutional investment due to index fund requirements
- None.
Insights
Enact Holdings' upcoming addition to the S&P SmallCap 600 index represents a positive development that typically brings several market mechanics benefits. When stocks join this index, they experience mandatory buying pressure from passive funds tracking the SmallCap 600, as these funds must purchase shares to maintain proper index tracking.
This technical process often creates short-term support for the stock price as index funds establish their required positions. For a company with Enact's
Beyond the immediate buying effects, index membership typically enhances trading liquidity, increases institutional visibility, and often leads to expanded analyst coverage. The inclusion also represents external validation that Enact meets the index committee's criteria for market capitalization, liquidity, and financial viability.
With the change taking effect prior to market opening on April 16, investors now have a clear timeline for when these technical benefits will materialize. While index inclusion doesn't change Enact's fundamental business operations or financial performance, it does create a structural improvement in market positioning that generally benefits shareholders.
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 | |
April 16, 2025 | S&P SmallCap 600 | Addition | Enact Holdings | ACT | Financials | |
April 16, 2025 | S&P SmallCap 600 | Deletion | SolarWinds | SWI | Information Technology | |
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FAQ
When will Enact Holdings (ACT) join the S&P SmallCap 600 index?
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