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StockNews.com
StockNews.com
Business
Subhasree Kar

Is State Street a Buy Under $100?

STT State Street

Boston-based State Street Corporation (STT) provides financial products and services to institutional investors worldwide. STT also offers exchange-traded funds under the SPDR ETF brand. It manages the SPDR S&P 500 Trust ETF (SPY), the first exchange-traded fund (ETF), and is now one of the largest ETF providers worldwide with $420.25 billion in assets under management.

STT recently launched three new index funds, SPDR S&P SmallCap 600 ESG ETF (ESIX), SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF (RDMX), and SPDR Bloomberg SASB Emerging Markets ESG Select ETF (REMG), to enhance ESG portfolio construction.

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