New York (CNN Business) "Fearless Girl" has officially arrived at the New York Stock Exchange.

The bronze statue of a young girl standing with her hands on her hips has been relocated from Bowling Green Park, where she stood across the iconic "Charging Bull" for over a year, to a spot outside of the New York Stock Exchange.

"Now instead of staring down the bull, she's going to be staring down all of business," New York Congresswoman Carolyn Maloney said on Monday morning during an unveiling ceremony for the statue. "I'm delighted, absolutely delighted, that the Fearless Girl is getting a permanent home, right here in front of New York's own stock exchange."

The "Fearless Girl" in her new spot facing the New York Stock Exchange. Jeenah Moon/Bloomberg via Getty Images

"Fearless Girl," which was installed by the financial firm State Street Global Advisors in March 2017, was only supposed to stay in place for a few days. But New York decided to extend the statue's permit in response to the public's embrace.

Staring down the stock exchange will give the statue "a bigger stage ... where she can have an even greater impact," Lori Heinel, Deputy Global Chief Investment Officer for State Street Global Advisors, said on Monday.

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