Russell Midcap Index

Last updated
Russell Midcap Index
FoundationNovember 1, 1991;33 years ago (1991-11-01)
Operator FTSE Russell
Exchanges
Trading symbol^RMCC
Constituents800
Type Mid cap
Weighting method Free-float capitalization-weighted
Related indices Russell 1000 Index
Website ftse.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.

Contents

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

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

Top 10 holdings

As of June 30, 2019 [3]

See also

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References

  1. "Russell Midcap Index Factsheet".
  2. "iShares Russell Mid-Cap ETF | IWR". IShares.
  3. "Russell Midcap Index factsheet" (PDF).