Molina Healthcare (NYSE: MOH) will vacate its current position in the S&P SmallCap 600 to replace National Storage Affiliates Trust (NYSE: NSA) in the S&P MidCap 400. This change is dictated by the upcoming takeover of National Storage Affiliates Trust by Public Storage (NYSE: PSA), a transaction scheduled to close immediately prior to the index adjustments.
Molina Healthcare and Construction Partners to Shift S&P Index Tiers
A strategic reshuffling of S&P market indices will take effect on July 22, 2026, as Molina Healthcare transitions to the S&P MidCap 400. The move follows Public Storage’s pending acquisition of National Storage Affiliates Trust, triggering a chain reaction that forces adjustments across both mid-cap and small-cap benchmarks.
Simultaneously, Construction Partners (NASD: ROAD) will fill the vacancy left by Molina in the S&P SmallCap 600. These reclassifications are slated to occur before the market opens on Wednesday, July 22, ensuring the indices reflect the new corporate landscape following the Public Storage acquisition.


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