Insider Selling: Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Sells 70,000 Shares of Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Charles Giancarlo sold 70,000 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $80.68, for a total transaction of $5,647,600.00. Following the sale, the chief executive officer owned 1,679,597 shares of the company’s stock, valued at approximately $135,509,885.96. This represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Price Performance

Shares of Meet Kevin Pricing Power ETF stock remained flat at $26.10 during trading hours on Wednesday. The company has a market capitalization of $29.49 million, a PE ratio of 30.88 and a beta of 1.83. The stock has a 50-day simple moving average of $26.10 and a two-hundred day simple moving average of $26.10. The Meet Kevin Pricing Power ETF has a 1-year low of $23.80 and a 1-year high of $30.09.

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.