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Tuttle Capital Management

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"Jim Cramer's Stock Pick ETF Shutters Operations"
finance3 years ago

"Jim Cramer's Stock Pick ETF Shutters Operations"

The Long Cramer Tracker ETF, which was designed to track stocks recommended by CNBC's Jim Cramer, will be closed and liquidated, according to its provider, Tuttle Capital Management. The fund's last day of trading will be on September 11, as CNBC and Cramer have chosen not to engage with the fund. The Inverse Cramer ETF, which aims to achieve the opposite of Cramer's recommendations, will continue. The Long Cramer ETF has seen fluctuations in performance since its launch in March, while the Inverse Cramer ETF is up 13.1% this month.

finance3 years ago

Jim Cramer's ETF Fails to Attract Investors, Shuts Down

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.