The anticipated ETF from the popular YouTuber, Kevin Paffrath, has come out of the gates hot. The Meet Kevin Pricing Power ETF (PP) began trading on Nov. 29 with $500,000 assets under management (AUM) but in the first month since launch, the fund now has over $11.15 million AUM. When asked about the quick surge of PP, Paffrath attributed it to a video he made on his “Meet Kevin” YouTube channel announcing the launch of the fund. PP offers exposure to U.S. listed companies that they consider “innovative” as well as tracking firms that can improve their prices and margins while continuing to grow.
YouTuber’s “Meet Kevin” ETF Sees Quick Success In First Month
ETF Newz Says:
Whether it’s good or bad, the rapid success of PP shows how powerful social media presence can be in the finance industry.