trivago (NASDAQ:TRVG) Shares Purchased by New York State Common Retirement Fund

The New York State Common Retirement Fund (NYSCRF) has recently purchased shares of trivago NASDAQTRVG. Trivago is a leading online hotel booking platform that operates in over 190 countries and territories worldwide. The company was founded in 2003 and went public in 2016.

The NYSCRF is the largest public pension fund in the United States, with assets under management of approximately $250 billion as of December 31, 2020. The fund invests on behalf of more than 1 million members and beneficiaries, including teachers, police officers, firefighters, and other public sector workers.

The purchase of trivago NASDAQTRVG shares by the NYSCRF is likely part of the fund's ongoing efforts to diversify its investment portfolio and generate competitive returns for its members and beneficiaries. The fund has a long history of investing in technology companies, recognizing their potential for growth and innovation.

It's worth noting that the exact number of shares purchased by the NYSCRF is not publicly disclosed. However, as of March 31, 2021, trivago had approximately 67 million shares outstanding, with a market capitalization of around $5.8 billion.