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Kyndryl Holdings Set to Join S&P MidCap 400; NetScout Systems to Join S&P SmallCap 600

IBM, NTCT, SPGI

NEW YORK, Nov. 1, 2021 /PRNewswire/ -- Kyndryl Holdings Inc. (NYSE:KD) will replace NetScout Systems Inc. (NASD:NTCT) in the S&P MidCap 400, and NetScout Systems will replace Invacare Corp. (NYSE:IVC) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 5. S&P 500 and 100 constituent International Business Machines Co. (NYSE: IBM) is spinning off Kyndryl Holdings in a transaction expected to be completed on November 4. Invacare is no longer representative of the small-cap market space.

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

November 5, 2021

S&P MidCap 400

Addition

Kyndryl Holdings

KD

Information Technology


S&P MidCap 400

Deletion

NetScout Systems

NTCT

Information Technology


S&P SmallCap 600

Addition

NetScout Systems

NTCT

Information Technology


S&P SmallCap 600

Deletion

Invacare

IVC

Health Care

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

Cision View original content:https://www.prnewswire.com/news-releases/kyndryl-holdings-set-to-join-sp-midcap-400-netscout-systems-to-join-sp-smallcap-600-301413554.html

SOURCE S&P Dow Jones Indices



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