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K2M Group Holdings added to Russell 3000 Index

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K2M Group Holdings Inc. recently announced it has been added to the Russell 2000 Index, Russell 3000 Index and Russell Global Index.

It was added to the indexes as part of the annual reconstitution by Russell Investments of its U.S. and global equity indexes on June 27, according to a company press release.

“We are pleased to be added to the Russell Indexes,” Eric Major, chief executive officer of K2M, stated in the press release. “Along with our successful IPO in May 2014, our inclusion in these Indexes represents an important milestone for K2M, as we continue to increase our visibility in the investment community.”

Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. Membership in the Russell 3000 remains in place for a minimum of 1 year.

The K2M product portfolio includes products which enable surgeons to more effectively treat complex spinal disorders.