The Tesla S&P 500 will replace apartment investment and management


Mystery ended: Silicon Valley Juggernaut Tesla Inc. Ap Part Investment and Management c.

Tesla TSLA,
-2.72%
The S&P 500 is set to join the SPX,
-0.13%,
In a short span of one week on December 21, the U.S. broad equity benchmark, then-apartment investment and management AIV,
-0.49%,
Real Estate Investment Trust, S&P 400 Mid Cap Index Slides on MID,
+ 0.17%,
Index manager S&P Dow Jones indicators said late Friday night.

Related: Tesla has a market cap of about 600 600 billion

Tesla will also join the S&P 100 OX,
-0.00%,
Replacement of identical petroleum corp., OXY,
-1.97%
The contingency will be in the S&P 500, according to the M&P Dow Jones index.

Apartment Investment and Management Artment Partition Income REIT Corp., Coffee & Donut Chen Dunkin ‘Brands Group Inc. Will replace DNKN.
-0.03%
In S&P Mid Cap 400.

See also: Tesla stock will be added to the S&P 500 all at once

The spinoff is expected to be completed on Monday, and before that Apartment Investment & Management “will no longer represent the market cap range of the S&P Composite 1500 indicators,” the index manager said.

RB owner Inspire Brands Inc. Dunkin ‘Brands is expected to finish on or near Tuesday.

S&P said Tesla would join the S&P 500 last month. The move automatically puts Tesla in the portfolio of numerous index-tracking funds, and eliminates managed funds that need to be balanced in its portfolio.

Don’t miss out: Joining the Tesla S&P 500 is the stock market event ‘Mother of All’

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