Insider Selling: 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 that occurred on 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 transaction, the chief executive officer owned 1,679,597 shares in the company, valued at $135,509,885.96. This represents a 4.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Price Performance

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

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.