/State%20Street%20Corp_%20logo%20on%20phone-by%20T_Schneider%20via%20Shutterstock.jpg)
With a market cap of $31.5 billion, State Street Corporation (STT) is a leading financial holding company serving institutional investors worldwide. Through its subsidiaries, it provides investment servicing, investment management, trading, data, and analytics solutions to mutual funds, retirement plans, insurance companies, investment managers, foundations, and endowments.
The Boston, Massachusetts-based company's shares have outperformed the broader market over the past 52 weeks. STT stock has surged 37.2% over this time frame, while the broader S&P 500 Index ($SPX) has increased 14.9%. In addition, shares of the company are up 13.3% on a YTD basis, compared to SPX’s 9.6% gain.