The GICS area allocation is implementing a above change this week. In the process, big names like Alphabet (Google) (NASDAQ:GOOG) (NASDAQ:GOOGL), Facebook (NASDAQ:FB), Disney (NYSE:DIS), Netflix (NASDAQ:NFLX) will change sectors. The Telecommunication Casework Area is renamed as Advice Casework and becomes bigger to accommodate companies from customer arbitrary and technology. A new SPDR area ETF tracking it was launched in June: XLC.
GICS structure, source: MSCI
Changes will be able on Friday, September 28, 2018, afterwards bazaar closing. S&P Dow Jones Indices should accomplish the changes operational for the aing week. They will be implemented in the MSCI Equity Indexes in the November 2018 basis review. State Street Global Advisors (SPDR® ETFs) has advancing the change on 9/21. To go in the details, changes are listed below.
From customer discretionary:
media, advertising, broadcasting, cable & satellite, movies and entertainment, publishing.
internet software and services
Industry to be retired (in technology):
home ball software (companies are mostly confused to the new industries below).
New industries (in communication):
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