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.

News Market Reaction – WSR

-0.05%

-0.05% Session close to close

In the Jul 6 session, WSR declined 0.05%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The most material aspect is Whitestone’s scheduled July 14, 2026 deletion from the S&P SmallCap 600 ...

Analysis

The most material aspect is Whitestone’s scheduled July 14, 2026 deletion from the S&P SmallCap 600 as it is acquired by an S&P 500 constituent. Prior acquisition terms still frame value, while low reported short interest shapes trading-risk dynamics.

Key Figures

Index removal date: July 14, 2026 Index addition date: July 14, 2026

2 metrics

Index removal date July 14, 2026 Whitestone REIT deletion from S&P SmallCap 600

Index addition date July 14, 2026 Centrus Energy addition to S&P SmallCap 600 in place of Whitestone

Historical Context

5 past events · Latest: Apr 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 09	Acquisition agreement	Positive	+11.8%	All-cash acquisition by Ares at a premium valuation and going-private plan.
Apr 08	Dividend declaration	Positive	+11.8%	Board declared Q2 2026 cash dividend with specified record and payment dates.
Apr 01	Leasing update	Positive	+0.9%	Signed lease with Parkhill for 5,800 sq ft at BLVD Place in Houston.
Feb 25	Earnings report	Positive	+1.0%	Reported stronger Q4 and 2025 results with higher revenues and Core FFO.
Jan 27	Tax disclosure	Neutral	-2.3%	Detailed 2025 distribution tax character on Form 1099-DIV for shareholders.

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

Pattern Detected

Whitestone REIT has generally risen on corporate and transactional news, with only a tax-classification notice coinciding with a mild decline.

Key Terms

s&p smallcap 600, s&p midcap 400, s&p 500, reit

4 terms

s&p smallcap 600 financial

"will make the following changes to the S&P SmallCap 600"

A stock market index made up of 600 small-cap U.S. companies chosen to represent the performance of smaller publicly traded firms. It matters to investors because it acts like a temperature gauge for the small-company segment of the market, serving as a benchmark for fund managers, a basis for index funds and ETFs, and a way to compare returns and risk when building a diversified portfolio.

s&p midcap 400 financial

"S&P MidCap 400 constituent The Middleby Corp."

The S&P MidCap 400 is a group of 400 companies that are smaller than the big, well-known corporations but larger than tiny startups. It helps investors see how medium-sized companies are performing in the stock market, acting like a barometer for this middle-sized group of businesses.

s&p 500 financial

"S&P 500 constituent Ares Management Corp."

The S&P 500 is a broad stock market index that tracks the performance of 500 large U.S. companies, weighted so bigger firms have a larger impact. Investors use it like a thermometer or benchmark to judge how the overall U.S. stock market or a portfolio is doing; movements in the index influence investor sentiment, fund performance, and many passive investment products that aim to match its returns.

View in glossary

reit financial

"Centrus Energy Corp. (NYSE: LEU) will replace Whitestone REIT"

A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

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

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

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:

S&P Dow Jones Indices
index_services@spglobal.com 

Media Inquiries
spdji.comms@spglobal.com

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.