Jim Cramer's ETF Fails to Attract Investors, Shuts Down
TL;DR Summary
The Long Cramer Tracker ETF (LJIM), which aimed to track CNBC anchor Jim Cramer's stock picks, is set to shut down after attracting just $1.3 million in assets since its launch five months ago. The fund, managed by Tuttle Capital Management, has gained 2.2% since its debut in March but failed to garner the attention of Cramer or CNBC. Tuttle Capital Management will focus on its bearish counterpart, the Inverse Cramer Tracker ETF (SJIM), which bets against Cramer's stock calls.
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