Charles Giancarlo Sells 70,000 Shares of Meet Kevin Pricing Power ETF (NYSEARCA:PP) Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Charles Giancarlo sold 70,000 shares of the stock in a transaction that occurred on Friday, July 10th. The shares were 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 approximately $135,509,885.96. This trade represents a 4.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 opened at $26.10 on Friday. The Meet Kevin Pricing Power ETF has a 52-week low of $23.80 and a 52-week high of $30.09. The company’s 50 day moving average price is $26.10 and its 200-day moving average price is $26.10. The stock has a market capitalization of $29.49 million, a price-to-earnings 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.