Activist investor Engine No.1 will soon launch its first exchange-traded fund (ETF) as it extends its efforts to improve the environmental and social impacts of large U.S. corporations beyond supermajor ExxonMobil. Engine No.1’s first ETF will be named Engine No. 1 Transform 500 ETF and will trade under the ticker VOTE, the activist investor said on Tuesday, nearly a month after winning three board seats at ExxonMobil demanding that the U.S. oil giant start preparing for creating long-term value in the energy transition. The ETF…
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