Meet Kevin Pricing Power ETF (NYSEARCA:PP) Insider Sells $7,982,000.00 in Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) insider John Colgrove sold 100,000 shares of the stock in a transaction on Friday, July 10th. The shares were sold at an average price of $79.82, for a total transaction of $7,982,000.00. Following the transaction, the insider owned 2,565,000 shares of the company’s stock, valued at $204,738,300. This trade represents a 3.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Stock Performance

Shares of Meet Kevin Pricing Power ETF stock remained flat at $26.10 during trading hours on Wednesday. The stock’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 1 year low of $23.80 and a 1 year high of $30.09. The stock has a market capitalization of $29.49 million, a price-to-earnings ratio of 30.88 and a beta of 1.83.

About Meet Kevin Pricing Power ETF

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.