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Invesco postpones proxy vote on QQQ fund conversion
Inesco (NYSE:IVZ) has delayed a key vote on the conversion of its QQQ unit investment trust (NASDAQ:QQQ) into an open-ended exchange-traded fund, adjourning the shareholder meeting to Dec. 5, ...
Invesco Ltd. said that it’s adjourning its proxy vote to convert popular tech fund QQQ into an open-ended ETF to allow more time to garner the needed 51% approval from shareholders. The asset manager ...
QQQ is having a proxy vote, and they won't stop calling until they get enough votes to settle the issue. Invesco's QQQ fund is one of the largest ETFs in the world, with $400 billion put toward ...
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