NEW YORK, Jan. 22, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:



    --  S&P MidCap 400 constituent Federal Realty Investment Trust (NYSE:FRT)
        will replace Broadcom Corp. (NASD:BRCM) in the S&P 500, S&P SmallCap 600
        constituent Curtiss-Wright Corp. (NYSE:CW) will replace Federal Realty
        Trust in the S&P MidCap 400, and Cray Inc. (NASD:CRAY) will replace
        Curtiss-Wright in the S&P SmallCap 600 after the close of trading on
        Friday, January 29. S&P 500 constituent Avago Technologies Ltd.
        (NASD:AVGO) is acquiring Broadcom in a deal expected to be completed on
        or about February 1 pending final conditions.
    --  S&P SmallCap 600 constituent Pool Corp. (NASD:POOL) will replace BioMed
        Realty Trust Inc. (NYSE:BMR) in the S&P MidCap 400, and Asbury
        Automotive Group Inc. (NYSE:ABG) will replace Pool in the S&P SmallCap
        600 after the close of trading on Tuesday, January 26. Private equity
        firm Blackstone Real Estate Partners is acquiring BioMed Realty Trust in
        a deal expected to be completed on or about that date pending final
        approvals.

Federal Realty Investment Trust, a real estate investment trust (REIT), engages in the ownership, management, development, and redevelopment of retail and mixed-use properties. Headquartered in Rockville, MD, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Retail REITs Sub-Industry index.

Curtiss-Wright designs, manufactures, and overhauls precision components, and engineered products and services. Headquartered in Charlotte, NC, the company will be added to the S&P MidCap 400 Aerospace & Defense Sub-Industry index.

Cray designs, develops, manufactures, markets, and services high-performance computing systems. Headquartered in Seattle, WA, the company will be added to the S&P SmallCap 600 GICS Technology Hardware, Storage & Peripherals Sub-Industry index.

Pool distributes swimming pool supplies, equipment, and related leisure products. Headquartered in Covington, LA, the company will be added to the S&P MidCap 400 GICS Distributors Sub-Industry index.

Asbury Automotive Group operates as an automotive retailer. Headquartered in Duluth, GA, the company will be added to the S&P SmallCap 600 GICS Automotive Retail Sub-Industry index.

Following is a summary of the changes:


                     S&P MIDCAP 400 INDEX - January 26, 2016
                     ---------------------------------------

                   COMPANY                    GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY
                   -------                    --------------------  -----------------

      ADDED         Pool                     Consumer Discretionary    Distributors
      -----         ----                     ----------------------    ------------

     DELETED BioMed Realty Trust                   Financials          Office REITs
     ------- -------------------                   ----------          ------------



                       S&P SMALLCAP 600 INDEX - January 26, 2016
                       -----------------------------------------

                     COMPANY                     GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY
                     -------                     --------------------  -----------------

      ADDED  Asbury Automotive Group            Consumer Discretionary Automotive Retail
      -----  -----------------------            ---------------------- -----------------

     DELETED           Pool                     Consumer Discretionary    Distributors
     -------           ----                     ----------------------    ------------



                             S&P 500 INDEX - January 29, 2016
                             --------------------------------

                    COMPANY                  GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY
                    -------                  --------------------  -----------------

      ADDED  Federal Realty Trust                 Financials          Retail REITs
      -----  --------------------                 ----------          ------------

     DELETED       Broadcom                 Information Technology   Semiconductors
     -------       --------                 ----------------------   --------------



                    S&P MIDCAP 400 INDEX - January 29, 2016
                    ---------------------------------------

                    COMPANY                 GICS ECONOMIC SECTOR  GICS SUB-INDUSTRY
                    -------                 --------------------  -----------------

      ADDED     Curtiss-Wright                   Industrials     Aerospace & Defense
      -----     --------------                   -----------     -------------------

     DELETED Federal Realty Trust                Financials          Retail REITs
     ------- --------------------                ----------          ------------



                 S&P SMALLCAP 600 INDEX - January 29, 2016
                 -----------------------------------------

                 COMPANY                  GICS ECONOMIC SECTOR             GICS SUB-INDUSTRY
                 -------                  --------------------             -----------------

      ADDED       Cray                   Information Technology      Technology Hardware, Storage &
                                                                              Peripherals
      -----                   ----           ---------------------- ------------------------------

     DELETED Curtiss-Wright                    Industrials                Aerospace & Defense
     ------- --------------                    -----------                -------------------

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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