TD Cowen Calls QQQ Restructure a Game Changer for Invesco Earnings
Invesco's QQQ ETF is set to change its operational structure from a unit investment trust to an open-ended ETF, potentially increasing revenue by four basis points. TD Cowen sees this as a game-changing event and upgraded the stock to buy.
https://www.investing.com/analysis/td-cowen-calls-qqq-restructure-a-game-changer-for-invesco-earnings-200664216