NEW YORK, July 14, 2015 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
PayPal Holdings Inc. (PYPLV) will replace eBay Inc. (EBAY) in the S&P 100 and Noble Corporation plc (NE) in the S&P 500. Noble Corporation plc will replace HMS Holdings Corp. (HMSY) in the S&P MidCap 400, and HMS Holdings will replace Swift Energy Co. (SFY) in the S&P SmallCap 600. These actions will be effective after the close of trading on Friday, July 17. Ebay is spinning off PayPal to shareholders in a transaction expected to be completed on that date. Ebay will remain in the S&P 500 following completion of the transaction. Noble has a market cap that is more representative of the mid-cap market space. HMS Holdings and Swift Energy rank near or at the bottom of their respective indices.
