PR Newswire · Press release
AvePoint Set to Join S&P SmallCap 600
AI summary
Summary by Wenlo · not part of the original release
S&P Dow Jones Indices announced that AvePoint Inc. will join the S&P SmallCap 600 before trading opens on Monday, November 2, 2026. AvePoint will replace LXP Industrial Trust in the index. The change follows an upcoming acquisition of LXP Industrial Trust.
AI summaries can miss details: read the full release below. Not investment advice.
Original release from PR Newswire
As distributed by PR Newswire, unedited.
NEW YORK, Oct. 27, 2026 /PRNewswire/ -- AvePoint Inc. (NASD: AVPT) will replace LXP Industrial Trust (NYSE: LXP) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 2. Brookfield Asset Management Ltd. and Canada Pension Plan Investment Board are acquiring LXP Industrial Trust in a deal expected to close 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 | |
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 | |
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
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SOURCE S&P Dow Jones Indices
