Keurig Green Mountain to Replace WPX Energy in S&P 500 Index
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Keurig Green Mountain Inc., the maker of single-serve coffee brewers, will replace WPX Energy Inc. in the Standard & Poor’s 500 Index, S&P Dow Jones Indices said in a statement.
The change will take place after the close of trading on March 21, S&P said. The revisions in the benchmark equity index may prompt money managers to shift holdings to match the index. About $5.14 trillion is benchmarked to the S&P 500, according to the S&P website.