AvePoint Set to Join S&P SmallCap 600
AvePoint (AVPT) will replace LXP Industrial Trust (LXP) in the S&P SmallCap 600 before trading opens on November 2, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
AvePoint (AVPT) will replace LXP Industrial Trust (LXP) in the S&P SmallCap 600 before trading opens on November 2, 2026. AvePoint will enter the index in the Information Technology sector, while LXP will leave the Real Estate sector. Brookfield Asset Management and Canada Pension Plan Investment Board are acquiring LXP in a deal expected to close soon, pending final closing conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 |
|
|
Nov 2, 2026 |
S&P SmallCap 600 |
Addition |
AvePoint |
AVPT |
Information Technology |
|
|
Nov 2, 2026 |
S&P SmallCap 600 |
Deletion |
LXP Industrial Trust |
LXP |
Real Estate |
|
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will AvePoint (AVPT) replace LXP in the S&P SmallCap 600?
AvePoint will replace LXP Industrial Trust in the S&P SmallCap 600 before the opening of trading on November 2, 2026. AvePoint will be classified in Information Technology; LXP is being removed from Real Estate.