MKS Instruments Set to Join S&P MidCap 400; Invesco Mortgage Capital and Tactile Systems Technology to Join S&P SmallCap 600

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

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FOR MORE INFORMATION:

S&P Dow Jones Indices
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David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
([phone]
[e-mail]

Soogyung Jordan
Global Head of Communications
New York, USA
([phone]
[e-mail]

Luke Shane
North America Communications
New York, USA
([phone]
[e-mail]

Haw-Yan Man
EMEA Communications
London, UK
([phone]
[e-mail]

Cecilia Ho
Asia Pacific Communications
Hong Kong, HK
([phone]
[e-mail]

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SOURCE S&P Dow Jones Indices

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