Invesco Falls Just Short of Votes Needed to Flip QQQ Into an ETF

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...

By Katie Greifeld · Bloomberg Markets

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.