AvePoint Replaces LXP Industrial in S&P SmallCap 600 on Nov. 2
NEW YORK – October 29, 2026 -- AvePoint Inc. (NASD: AVPT) will replace LXP Industrial Trust (NYSE: LXP) in the S&P SmallCap 600, effective prior to the opening of trading on Monday, November 2, S&P Dow Jones Indices announced.
Brookfield and CPP Investment Board acquisition of LXP drives the index change
The swap follows the planned takeover of LXP Industrial Trust by Brookfield Asset Management Ltd. and Canada Pension Plan Investment Board. The deal is expected to close soon, pending final closing conditions.
AvePoint takes the SmallCap 600 slot vacated by LXP
AvePoint, which trades on the Nasdaq under the ticker AVPT, enters the index at the open on the effective date. LXP, listed on the NYSE under LXP, leaves the benchmark on the same day.
S&P Dow Jones Indices, a division of S&P Global (NYSE: SPGI), published the change on October 27. The announcement did not include deal terms or a purchase price for LXP.