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Published on 17 Oct 2024 on GuruFocus.com · via Yahoo Finance

State Street Corp's Strategic Reduction in AAR Corp Holdings


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On September 30, 2024, State Street Corp executed a significant transaction involving the sale of 208,054 shares in AAR Corp (NYSE:AIR), a notable player in the aerospace and defense sector. This move reduced State Street Corp's holdings in AAR Corp to 1,765,195 shares, reflecting a 10.54% decrease in their previous stake. The shares were traded at a price of $65.36 each. Despite this reduction, AAR Corp still represents a 0.01% position in State Street Corps extensive portfolio, underscoring a strategic adjustment rather than a complete exit.

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