NEW YORK, Nov. 17, 2017 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600 effective prior to the open of trading
on Wednesday, November 22:
- S&P SmallCap 600 constituent MKS Instruments Inc. (NASD:
MKSI) will replace Brocade Communications Systems Inc. (NASD: BRCD)
in the S&P MidCap 400, and Invesco Mortgage Capital Inc. (NYSE:
IVR) will replace MKSI Instruments in the S&P SmallCap 600.
S&P 500 constituent Broadcom Limited (NASD: AVGO) acquired
Brocade Communications Systems in a deal completed today.
- Tactile Systems Technology Inc. (NASD: TCMD) will replace Lumos
Networks Corp. (NASD: LMOS) in the S&P SmallCap 600. EQT
Infrastructure acquired Lumos Networks in a deal completed
today.
MKS Instruments provides instruments, subsystems, and process
control solutions that measure, control, power, deliver, monitor,
and analyze critical parameters of manufacturing processes.
Headquartered in Andover,
MA, the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Semiconductor Equipment
Sub-Industry index.
Invesco Mortgage Capital, a real estate investment trust (REIT),
focuses on investing in, financing, and managing residential and
commercial mortgage-backed securities and mortgage loans.
Headquartered in Atlanta, GA, the
company will be added to the S&P SmallCap 600 GICS Mortgage
REITs Sub-Industry index.
Tactile Systems Technology develops and provides medical devices
for the treatment of chronic diseases. Headquartered in
Minneapolis, MN, the company will
be added to the S&P SmallCap 600 GICS Health Care Equipment
Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – NOVEMBER 22, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
MKS
Instruments
|
Information
Technology
|
Semiconductor
Equipment
|
DELETED
|
Brocade
Communications Systems
|
Information
Technology
|
Communications
Equipment
|
S&P SMALLCAP
600 INDEX – NOVEMBER 22, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Invesco Mortgage
Capital
|
Financials
|
Mortgage
REITs
|
|
Tactile Systems
Technology
|
Health
Care
|
Health Care
Equipment
|
DELETED
|
MKS
Instruments
|
Information
Technology
|
Semiconductor
Equipment
|
|
Lumos
Networks
|
Telecommunication
Services
|
Alternative
Carriers
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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(+1) 212 438 3907
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(+1) 212 438 2297
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EMEA Communications
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SOURCE S&P Dow Jones Indices