NEW YORK, Dec. 23, 2014 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 after the close of trading on Wednesday, December 31:

• Unifi Inc. (NYSE: UFI) will replace SWS Group Inc. (NYSE: SWS). Hilltop Holdings Inc. (NYSE: HTH) is acquiring SWS Group in a deal expected to be completed on or about December 31, pending final conditions.
• Central Pacific Financial Corp. (NYSE: CPF) will replace TriQuint Semiconductor Inc. (NASD: TQNT). S&P MidCap 400 constituent RF Micro Devices Inc. (NASD: RFMD) is acquiring TriQuint Semiconductor in a deal expected to be completed on or about December 31, pending final conditions.

Unifi manufactures and sells polyester and nylon yarn products.  Headquartered in Greensboro, NC, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Textiles Sub-Industry index.

Central Pacific Financial provides commercial banking services. Headquartered in Honolulu, HI, the company will be added to the S&P SmallCap 600 Regional Banks Sub-Industry index.

Following is a summary of the changes:

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.

About S&P Dow Jones Indices

S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of investors. More assets are invested in products based upon our indices than any other provider in the world. With over 1,000,000 indices covering a wide range of asset classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.  

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For more information:
David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com 

David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
dave.guarino@spdji.com

SOURCE S&P Dow Jones Indices