Published on 18 Oct 2024 on GuruFocus.com · via Yahoo Finance
Overview of Recent Transaction by State Street Corp
On September 30, 2024, State Street Corp executed a significant transaction involving the shares of Lumen Technologies Inc (NYSE:LUMN), a major player in the telecommunications sector. The firm reduced its holdings by 12,308 shares, which adjusted its total ownership to 50,570,374 shares. Despite the reduction, State Street Corp maintains a substantial 5.00% stake in Lumen Technologies, reflecting a nuanced shift in its investment strategy. The shares were traded at a price of $7.10 each during this transaction.
Insight into State Street Corp