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NEW YORK ( TheStreet) -- State Street (NYSE: STT) hit a new 52-week high Wednesday as it is currently trading at $69.85, above its previous 52-week high of $69.81 with 281,677 shares traded as of 9:50 a.m. ET. Average volume has been three million shares over the past 30 days. State Street has a market cap of $31.58 billion and is part of the financial sector and financial services industry. Shares are up 46.1% year to date as of the close of trading on Tuesday. State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide.