Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Sells $5,647,600.00 in Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Charles Giancarlo sold 70,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $80.68, for a total value of $5,647,600.00. Following the sale, the chief executive officer directly owned 1,679,597 shares of the company’s stock, valued at $135,509,885.96. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Price Performance

NYSEARCA PP opened at $26.10 on Friday. The stock has a market capitalization of $29.49 million, a P/E ratio of 30.88 and a beta of 1.83. The firm’s 50-day moving average is $26.10 and its two-hundred day moving average is $26.10. The Meet Kevin Pricing Power ETF has a 12 month low of $23.80 and a 12 month high of $30.09.

Meet Kevin Pricing Power ETF Company Profile

The Meet Kevin Pricing Power ETF (PP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of 25 to 60 innovative US companies that have more pricing power relative to their peers. The fund may use targeted ETFs as a potential macro-hedge against anticipated market risks. PP was launched on Nov 28, 2022 and is managed by Meet Kevin.