OKLAHOMA CITY (AP) — Oklahoma City-based information technology company Paycom Software Inc., is being added to the S&P 500.
S&P Dow Jones Indices announced Wednesday that Paycom will replace Wellcare Health Plans on Jan. 28 as Wellcare is being purchased by fellow S&P 500 member Centene Corp.
Paycom Software provides cloud-based human capital management software services and becomes the fifth Oklahoma-based company on the index that includes most of the largest U.S. publicly traded companies.
Paycom will join Oklahoma companies Helmerich & Payne, ONEOK, Williams Cos., and Devon Energy on the S&P index.