Russell Midcap Index

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Russell Midcap Index
FoundationNovember 1, 1991; 34 years ago (1991-11-01)
OperatorFTSE Russell
Exchanges
Trading symbol^RMCC
Constituents800
TypeMid cap
Weighting methodFree-float capitalization-weighted
Related indicesRussell 1000 Index
Websiteftse.com/products/indices/russell-us

The Russell Midcap Index is a stock market index that measures performance of the 800 smallest companies (approximately 27% of total capitalization) in the Russell 1000 Index.

As of 30 November 2022, the stocks of the Russell Midcap Index had a weighted average market capitalization of approximately $22.64 billion, median market capitalization of $9.91 billion, and the market capitalization of the largest company is $54.74 billion.[1]

The index, which was launched on November 1, 1991, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RMCC.

Investing

[edit | edit source]

The Russell Midcap Index is tracked by an ETF, iShares Russell Mid-Cap (NYSE ArcaIWR).[2]

Top 10 holdings

[edit | edit source]

As of June 30, 2019[3]

See also

[edit | edit source]

References

[edit | edit source]
  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
[edit | edit source]