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Meaning / Definition of
Russell 3000
Categories: Stocks, Investing and Trading,
A stock index that tracks the 3000 U.S. stocks with the highest market capitalization. The list is updated yearly, during a process known as reconstitution. There are two sub-indexes which are based on the Russell 3000: the russell 1000, which follows the 1000 stocks with the largest market capitalization values, and the russell 2000, which follows the remaining 2000 stocks, those with the smallest values.
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