In recent news, the YouTube personality Kevin Paffarth responsible for the “Meet Kevin” channel has today announced the launch of his first ETF, the Meet Kevin Pricing Power ETF (PP). PP is actively managed and plan some of the largest companies like Tesla and Apple using a strategy that selects companies based on their belief that they can boost their prices with halting demand. Paffarth is managing the fund himself with some of the top holdings in the Taiwan Semiconductor Manufacturing Company and The Trade Desk Inc.
ETF Newz Says:
PP will hold individual securities as well as a few ETFs, the Invesco DB U.S. Dollar Index Bearish Fund (UDN) and the US Treasury 2 Year Note ETF (UTWO).