MSG Rangers and Huron Consulting Group Set to Join S&P SmallCap 600

MSG Rangers and Huron Consulting Group Set to Join S&P SmallCap 600

PR Newswire

NEW YORK, Oct. 22, 2026 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600: 

  • MSG Rangers Inc. (NYSE: MSGR) will be added to the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 27, replacing Arbor Realty Trust (NYSE: ABR), which will be removed from the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P SmallCap 600 constituent Madison Square Garden Sports Corp. (NYSE: MSGS) is spinning off MSG Rangers in a transaction expected to be completed on October 27. Madison Square Garden Sports will be renamed MSG Knickerbockers Inc. (NYSE: MSGK) and will remain in the S&P SmallCap 600. Arbor Realty Trust is no longer representative of the small-cap market space.
  • Huron Consulting Group Inc. (NASD: HURN) will replace Supernus Pharmaceuticals Inc. (NASD: SUPN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 2. Indivior Pharmaceuticals Inc. (NASD: INDV) is acquiring Supernus Pharmaceuticals in a deal expected to be completed soon, pending final closing conditions.

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

Oct 27, 2026

S&P SmallCap 600

Addition

MSG Rangers

MSGR

Communication Services

Oct 28, 2026

S&P SmallCap 600

Deletion

Arbor Realty Trust

ABR

Financials

Nov 2, 2026

S&P SmallCap 600

Addition

Huron Consulting Group

HURN

Industrials

Nov 2, 2026

S&P SmallCap 600

Deletion

Supernus Pharmaceuticals

SUPN

Health Care

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SOURCE S&P Dow Jones Indices