Published on 16 Oct 2024 on GuruFocus.com · via Yahoo Finance
State Street Corp's Strategic Reduction in Arch Resources Inc Holdings
On September 30, 2024, State Street Corp executed a significant transaction involving the sale of 51,344 shares in Arch Resources Inc (NYSE:ARCH), a notable player in the metallurgical and coking coal industry. This move reduced their holding by 4.46%, bringing their total shares in Arch Resources to 1,101,145. The shares were traded at a price of $138.16 each. Despite the reduction, State Street Corp maintains a 6.10% ownership in Arch Resources, reflecting a continued, albeit reduced, stake in the company.
Profile of State Street Corp
Warning! GuruFocus has detected 4 Warning Sign with ARCH.