Leveraged Loan Market
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State Street Corporation (NYSE:STT) Overview and Recent Developments
Financial Modeling Prep· 2025-11-19 21:11
Core Insights - State Street Corporation (NYSE:STT) is a prominent financial services company specializing in investment management, research, and trading services, competing with major firms like BlackRock and Vanguard [1] - The company recently launched the State Street® SPDR® S&P® Leveraged Loan ETF (LVLN), which offers a low gross expense ratio of 0.40%, making it the most cost-effective leveraged loan ETF in the U.S. [2] - The current stock price of STT is $113.44, reflecting a slight increase of 0.21%, with a trading range today between $113 and $114.01 [3] - State Street's market capitalization is approximately $31.69 billion, indicating its significant presence in the financial services sector [4][5] - The trading volume on the NYSE for State Street is 126,393 shares, suggesting active investor interest [4]