Meet Kevin Pricing Power ETF (NYSEARCA:PP) Insider Sells $7,982,000.00 in Stock

The Meet Kevin Pricing Power ETF (NYSEARCA:PPGet Free Report) insider John Colgrove sold 100,000 shares of the company’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $79.82, for a total value of $7,982,000.00. Following the completion of the sale, the insider owned 2,565,000 shares of the company’s stock, valued at $204,738,300. This represents a 3.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Meet Kevin Pricing Power ETF Stock Performance

PP opened at $26.10 on Friday. The Meet Kevin Pricing Power ETF has a 12-month low of $23.80 and a 12-month high of $30.09. The business’s fifty day simple moving average is $26.10 and its 200-day simple moving average is $26.10. The company 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

(Get Free Report)

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.

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