|By PR Newswire||
|January 23, 2014 05:42 PM EST||
NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Fortinet Inc. (NASD: FTNT) will replace Harris Teeter Supermarkets Inc. (NYSE: HTSI) in the S&P MidCap 400 after the close of trading on Tuesday, January 28. S&P 500 constituent The Kroger Co. (NYSE: KR) is acquiring Harris Teeter in a deal expected to be completed on that date.
Fortinet provides network security solutions. Headquartered in Sunnyvale, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – January 28, 2014
GICS ECONOMIC SECTOR
Harris Teeter Supermarkets
Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.
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