Meet Kevin Pricing Power ETF (NYSEARCA:PP) Insider Sells 100,000 Shares

The Meet Kevin Pricing Power ETF (NYSEARCA:PP) insider John Colgrove sold 100,000 shares of the business’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $79.82, for a total transaction of $7,982,000.00. Following the completion of the sale, the insider directly owned 2,565,000 shares of the company’s stock, valued at approximately $204,738,300. This trade represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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

PP stock remained flat at $26.10 during mid-day 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 business’s fifty day moving average is $26.10 and its 200 day moving average is $26.10. The Meet Kevin Pricing Power ETF has a 12-month low of $23.80 and a 12-month 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.