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What Does Russell Midcap Index Mean?

April 26, 2017dictionary Education glossary invest Investing Investment investor tutorials

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What Does Russell Midcap Index Mean?

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A market capitalization weighted index representing the smallest 800 companies in the Russell 1000 Index. The average Russell Midcap Index member has a market cap of $8 billion to $10 billion, with a median value of $4 billion to $5 billion. The index is reconstituted annually so that stocks that have outgrown the index can be removed and new entries can be added.