ENV - Targa Resources Envestnet rise on moves into MidCap 400

Targa Resources (TRGP) is up 6.8% after hours after news that it's going to join the S&P MidCap 400 index. It's moving in to replace CoreLogic (CLGX), which is set to be acquired by Stone Point Capital and Insight Partners. Also, Envestnet (ENV) is up 7.2% on a similar move into the MidCap 400. It's coming in to replace TCF Financial (TCF), which is set to be acquired by S&P 500 constituent Huntington Bancshares. Those move are effective before the open of trading Wednesday, June 9.

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Targa Resources, Envestnet rise on moves into MidCap 400