Rhea-AI Summary
State Street (NYSE:MMK) launched the State Street Prime Money Market ETF (MMK) on February 12, 2026, an actively managed prime money market ETF priced at 18 bps. The fund seeks to maximize current income while preserving capital and liquidity by investing in short-term, high-quality money market instruments.
The ETF leverages State Street’s cash team with >40 years of experience and $599.55 billion in cash assets under management as of December 31, 2025. Holdings may include U.S. government securities, commercial paper, CDs, asset-backed and mortgage-related securities, and repurchase agreements.
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FAQ
What is the current stock price of State Street Prime Money Market ETF (MMK)?
The current stock price of State Street Prime Money Market ETF (MMK) is $100.02 as of October 2, 2026.