// Workers AI · dad joke modeWhy did Russell Midcap Index go to therapy? It was feeling mid.
| Foundation | November 1, 1991 |
|---|---|
| Operator | FTSE Russell |
| Exchanges | |
| Trading symbol | ^RMCC |
| Constituents | 800 |
| Type | Mid cap |
| Weighting method | Free-float capitalization-weighted |
| Related indices | Russell 1000 Index |
| Website | www |
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[update], 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, was created by Russell Investments and is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RMCC.
Investing
[edit]The Russell Midcap Index is tracked by an ETF, iShares Russell Mid-Cap (NYSE Arca: IWR).[2]
Top 10 holdings
[edit]As of June 30, 2019[3]
- ServiceNow (NYSE: NOW)
- Analog Devices (Nasdaq: ADI)
- Fidelity National Information Services (NYSE: FIS)
- Edwards Lifesciences (NYSE: EW)
- Sempra Energy (NYSE: SRE)
- Roper Technologies (NYSE: ROP)
- Worldpay, Inc. (NYSE: WP)
- Fiserv (Nasdaq: FISV)
- Ross Stores (Nasdaq: ROST)
- Dollar General (NYSE: DG)
See also
[edit]- S&P 400 – American mid-cap stock market index
- Russell 2000 Index – U.S. small-cap stock market index
- Russell 1000 Index – U.S. large-cap stock market index