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Vinva Investment Management Boosts Stake in State Street
Vinva Investment Management Ltd. has increased its stake in State Street Corporation (NYSE:STT) by 10.7% in the third quarter, signaling confidence in the financial services firm’s performance and future growth. The investment management firm now owns 155,548 shares of State Street, valued at approximately $18.2 million, representing about 0.06% of the company’s outstanding shares. This move by a major institutional investor could influence other investors and impact State Street’s stock price.