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First Advantage Set to Join S&P SmallCap 600 First Advantage Corporation (NASD: FA) will replace Kennedy-Wilson Holdings Inc. (NYSE: KW) in the S&P SmallCap 600 effective prior to the opening of ...

Key Takeaway: First Advantage Corporation will replace Kennedy-Wilson Holdings Inc. in the S&P SmallCap 600 index effective June 16, 2026. This change comes as Kennedy-Wilson is being acquired by a consortium led by its CEO. The move is expected to enhance First Advantage's market presence and investor interest.
Price reaction · baseline $224.95 (2026-06-10 close) · hit after-hours · 3 other ABBV headline(s) in the window, move may be shared
day 0 close
-0.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • First Advantage Corporation is joining the S&P SmallCap 600 index.
  • This change reflects the company's growth and market recognition.
  • The addition may enhance investor interest and visibility for First Advantage.

Full Press Release Details

NEW YORK , June 11, 2026 /PRNewswire/ -- First Advantage Corporation (NASD: FA) will replace Kennedy-Wilson Holdings Inc. (NYSE: KW ) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, June 16. A consortium led by KW's CEO with Fairfax Financial Holdings Limited (TSE: FFH) is acquiring Kennedy-Wilson Holdings 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
June 16, 2026
S&P SmallCap 600
Addition
First Advantage
FA
Industrials
June 16, 2026
S&P SmallCap 600
Deletion
Kennedy-Wilson Holdings
KW
Real Estate
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Frequently Asked Questions

When will First Advantage join the S&P SmallCap 600?

First Advantage will join the S&P SmallCap 600 on June 16, 2026.

Who is being replaced in the S&P SmallCap 600?

Kennedy-Wilson Holdings Inc. will be replaced by First Advantage.

What is the reason for Kennedy-Wilson's removal?

Kennedy-Wilson is being acquired by a consortium led by its CEO.

What sector does First Advantage belong to?

First Advantage is classified under the Industrials sector.

Last updated: Jun 11, 2026