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

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

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