Girish Mahajan (Editor)

Russell Microcap Index

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The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market. It includes 1,000 of the smallest securities in the Russell 2000 Index based on a combination of their market cap and current index membership and it also includes up to the next 1,000 stocks. As of 31 December 2016, the weighted average market capitalization for a company in the index was $535 million; the median market cap was $228 million. The market cap of the largest company in the index was $3.6 billion.

Contents

The index, which was launched on June 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RUMIC.

Investing

The Russell Microcap Index is tracked by the iShares ETF (NYSE Arca: IWC).

Top 10 holdings

  • Mercury Systems (NASDAQ: MRCY)
  • Centerstate Banks (NASDAQ: CSFL)
  • Lakeland Financial (NASDAQ: LKFN)
  • Merit Medical Systems (NASDAQ: MMSI)
  • Team Inc (NYSE: TISI)
  • Patrick Industries (NASDAQ: PATK)
  • Synergy Pharmaceuticals (NASDAQ: SGYP)
  • Hanmi Financial (NYSE: HAFC)
  • Aerie Pharmaceuticals (NASDAQ: AERI)
  • Stewart Information Services (NYSE: STC)
  • (as of December 31, 2016)

    Top sectors by weight

  • Financial Services
  • Health Care
  • Consumer Discretionary
  • Technology
  • Producer Durables
  • References

    Russell Microcap Index Wikipedia


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