5 Biggest ETF Companies in USA

3. State Street Corporation (NYSE:STT)

ETF Assets Under Management: $874.17 billion

State Street Corporation (NYSE:STT) is a leading investment services firm that is the issuer of the most popular ETF, the SPDR S&P 500 ETF Trust. In addition to its other ETFs, State Street Corporation (NYSE:STT) has ETFs Assets Under Management of $874.17 billion which ranks it 3rd among the 10 biggest ETF companies in USA.

For its third quarter, State Street Corporation (NYSE:STT) reported EPS of $1.82 when excluding notable items, down 9% year over year. Total revenue fell 1% year over year to $3 billion as the lower equity and fixed income market levels caused State Street Corporation (NYSE:STT)’s fee revenue to decline 8% year over year. For the quarter, the company returned $232 million to shareholders through a declared common dividend of $0.63 per share. State Street Corporation (NYSE:STT) also intends to buy back around $1 billion of common stock in the fourth quarter of 2022.