Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Sells $5,267,290.00 in Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Charles Giancarlo sold 65,800 shares of the business’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $80.05, for a total transaction of $5,267,290.00. Following the transaction, the chief executive officer directly owned 1,749,597 shares of the company’s stock, valued at $140,055,239.85. The trade was a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Price Performance

Shares of NYSEARCA:PP remained flat at $26.10 during trading hours on Wednesday. The stock’s fifty day simple moving average is $26.10 and its 200-day simple moving average is $26.10. The Meet Kevin Pricing Power ETF has a 52 week low of $23.80 and a 52 week high of $30.09. The company has a market cap of $29.49 million, a PE ratio of 30.88 and a beta of 1.83.

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.