Midera Food Processing and Centrus Energy Set to Join S&P SmallCap 600

Rhea-AI Summary

Midera Food Processing (NASD:MFP) and Centrus Energy (NYSE:LEU) are set to join the S&P SmallCap 600. MFP will replace Redwood Trust on July 8, 2026, following its spin-off from Middleby. Centrus Energy will replace Whitestone REIT on July 14, 2026, linked to Whitestone’s acquisition by Ares Management.

Positive

• Centrus Energy (LEU) added to S&P SmallCap 600 on July 14, 2026
• Index change tied to Whitestone REIT acquisition by S&P 500 member Ares Management

Negative

• None.

Market reaction after Whitestone REIT acquisition: ARES +4.22% in the Jul 6 session

+4.22%

+4.22% Session close to close

In the Jul 6 session, ARES gained 4.22%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

S&P SmallCap 600 changes highlight Whitestone REIT’s pending acquisition by Ares Management, tying i...

Analysis

S&P SmallCap 600 changes highlight Whitestone REIT’s pending acquisition by Ares Management, tying index reshuffling to Ares’ deal activity. Investors may track closing conditions, future use of the active shelf, and how the transaction affects Ares’ capital deployment priorities.

Key Figures

Midera addition effective date: July 8, 2026 Redwood deletion effective date: July 8, 2026 Centrus addition effective date: July 14, 2026 +3 more

6 metrics

Midera addition effective date July 8, 2026 Date Midera Food Processing joins S&P SmallCap 600

Redwood deletion effective date July 8, 2026 Date Redwood Trust exits S&P SmallCap 600

Centrus addition effective date July 14, 2026 Date Centrus Energy joins S&P SmallCap 600

Whitestone deletion effective date July 14, 2026 Date Whitestone REIT exits S&P SmallCap 600

Whitestone deal timing on or about July 14 Expected closing timing for Ares’ acquisition of Whitestone REIT

First index year 1884 Year Charles Dow invented the first index

Historical Context

5 past events · Latest: Jul 02 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 02	Earnings scheduling	Neutral	+2.9%	Announcement of Q2 2026 earnings release date and webcast details.
Jul 01	Affiliate IPO	Neutral	+2.9%	Closing of upsized $395 million IPO for Ares Acquisition Corporation III.
Jun 30	Earnings scheduling	Neutral	+2.1%	Scheduling of Ares Management’s Q2 2026 earnings release and call.
Jun 29	Financing deal	Neutral	-1.4%	Standard Chartered term loan financing for The Shops at Park Lane acquisition.
Jun 18	Leadership change	Neutral	+0.8%	Appointment of new Head of Infrastructure Debt and EMEA leadership changes.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news items for Ares have more often been followed by modest gains than losses, with only one of the last five events seeing a negative next-day move.

Key Terms

gics sector

1 terms

gics sector financial

"Ticker | GICS Sector -------------------------------------------------------------------------- July 8, 2026"

GICS sector is one of the major industry groupings from the Global Industry Classification Standard, a system that sorts companies into consistent categories (like Technology or Health Care) based on the primary business they do. Investors use these sectors like folders in a filing cabinet to compare companies, build diversified portfolios, and track how whole parts of the market are performing rather than focusing on single stocks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, July 2, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:

• Midera Food Processing Inc. (NASD: MFP) will replace Redwood Trust Inc. (NYSE: RWT)  effective prior to the opening of trading on Wednesday, July 8. S&P MidCap 400 constituent The Middleby Corp. (NASD: MIDD) is spinning off Midera Food Processing in a transaction that is expected to close July 7. Redwood Trust is no longer representative of the small cap market space.
• Centrus Energy Corp. (NYSE: LEU) will replace Whitestone REIT (NYSE: WSR) effective prior to the opening of trading on Tuesday, July 14. S&P 500 constituent Ares Management Corp. (NYSE: ARES) is acquiring Whitestone REIT in a deal expected to close on or about that date, 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
July 8, 2026	S&P SmallCap 600	Addition		Midera Food Processing	MFP	Industrials
July 8, 2026	S&P SmallCap 600	Deletion		Redwood Trust Inc	RWT	Financials
July 14, 2026	S&P SmallCap 600	Addition		Centrus Energy	LEU	Energy
July 14, 2026	S&P SmallCap 600	Deletion		Whitestone REIT	WSR	Real Estate

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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.spglobal.com/spdji/en/.

FOR MORE INFORMATION:

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View original content:https://www.prnewswire.com/news-releases/midera-food-processing-and-centrus-energy-set-to-join-sp-smallcap-600-302817273.html

SOURCE S&P Dow Jones Indices

FAQ

When will Centrus Energy (NYSE: LEU) join the S&P SmallCap 600 index?

Centrus Energy will join the S&P SmallCap 600 on July 14, 2026. According to S&P Dow Jones Indices, Centrus Energy will replace Whitestone REIT before the market opens on that date, pending the Whitestone acquisition by Ares Management.

Why is Centrus Energy (LEU) being added to the S&P SmallCap 600?

Centrus Energy is being added because it will replace Whitestone REIT in the S&P SmallCap 600. According to S&P Dow Jones Indices, Whitestone is being acquired by Ares Management, prompting the index substitution effective prior to trading on July 14, 2026.

What change is occurring to Whitestone REIT (NYSE: WSR) in the S&P SmallCap 600?

Whitestone REIT will be removed from the S&P SmallCap 600 on July 14, 2026. According to S&P Dow Jones Indices, the deletion coincides with Whitestone’s planned acquisition by Ares Management, with Centrus Energy designated as its index replacement.

When will Midera Food Processing (MFP) be added to the S&P SmallCap 600 index?

Midera Food Processing will be added to the S&P SmallCap 600 on July 8, 2026. According to S&P Dow Jones Indices, the addition follows its spin-off from The Middleby Corp and will replace Redwood Trust in the index.

What corporate action leads to Midera Food Processing joining the S&P SmallCap 600?

Midera Food Processing joins the index following a spin-off from The Middleby Corp expected to close July 7, 2026. According to S&P Dow Jones Indices, Midera will then replace Redwood Trust in the S&P SmallCap 600 effective before trading on July 8.

Which companies are being deleted from the S&P SmallCap 600 in July 2026?

Redwood Trust and Whitestone REIT will be deleted from the S&P SmallCap 600 in July 2026. According to S&P Dow Jones Indices, Redwood exits on July 8, while Whitestone is removed on July 14 in connection with its planned acquisition.