State Street Corporation has been selected as the end-to-end service provider for Columbia Threadneedle Investments' newly launched UCITS actively-managed ETFs, beginning with the CT QR Series US Equity Active UCITS ETF and the CT QR Series European Equity Active UCITS ETF. Over the next several months, Emerging Markets and Global products will be added. State Street will deliver custody, depositary services, fund accounting, ETF basket creation, order management, settlement, transfer agency and reporting. The firm leverages more than 30 years of ETF innovation experience in a global $18.5 trillion marketplace and currently supports over 3,000 ETFs totaling $7.44 trillion across 15 countries.

In the third quarter, Asset Management One Co. Ltd. trimmed its position in State Street by 2.9%, selling 4,068 shares and retaining 137,493 shares valued at $15.95 million. Other notable moves include DMKC Advisory Services increasing its holdings by 2.9% to 23,734 shares ($2.75 million), Global Retirement Partners adding 105 shares for a total of 1,470 shares ($171,000), Verity & Verity growing to 269,037 shares ($31.21 million), PDS Planning establishing a new $206,000 position, and SJS Investment Consulting expanding to 314 shares ($36,000). Collectively, institutional investors and hedge funds now own 87.44% of the company’s stock.

State Street reported third-quarter earnings per share of $2.78, surpassing analyst estimates by $0.21, on revenue of $3.55 billion—8.8% higher year-over-year and $120 million above consensus. Return on equity stood at 13.37% with a net margin of 13.14%. The board declared a quarterly dividend of $0.84 per share, payable January 12 to shareholders of record January 2, representing a 35.6% payout ratio and a 2.5% annualized yield. Analysts forecast full-year EPS of $9.68 for the asset servicer.