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:

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.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"), a part of McGraw Hill Financial. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed to S&P Dow Jones Indices LLC. It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, S&P and their respective affiliates (collectively "S&P Dow Jones Indices") do not sponsor, endorse, sell, or promote any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.

SOURCE S&P Dow Jones Indices