Charles Giancarlo Sells 65,800 Shares of Meet Kevin Pricing Power ETF (NYSEARCA:PP) Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) CEO Charles Giancarlo sold 65,800 shares of the firm’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $80.05, for a total value of $5,267,290.00. Following the completion of the sale, the chief executive officer directly owned 1,749,597 shares in the company, valued at approximately $140,055,239.85. This trade represents a 3.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Stock Performance

NYSEARCA:PP remained flat at $26.10 during midday trading on Wednesday. The company has a market capitalization of $29.49 million, a P/E ratio of 30.88 and a beta of 1.83. The firm’s 50 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 one year low of $23.80 and a one 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.