Underdog activist Engine No. 1 is launching an ETF after big Exxon win
CNBC Engine No. 1, the upstart activist firm that put three candidates on Exxon’s board of directors, is launching an exchange-traded fund in a bet that shareholder activism will take center stage in coming years. The Engine No. 1 Transform 500 ETF will trade under the ticker VOTE, and has received $100 million in commitments, the company said Tuesday. The passive fund