The Inverse Cramer Tracker ETF (CBOE: SJIM) and the Long Cramer Tracker ETF (CBOE: LJIM) have started trading on the Chicago Board Options Exchange (CBOE), the world’s largest options exchange. According to the announcement, these “distinctive exposures allow investors to profit a decline or a rise in the public recommendations of Jim Cramer.” Through SJIM and LJIM, investors of all sizes and types will have access to take sides on Cramer’s recommendations. An actively managed exchange traded fund, SJIM attempts to achieve the inverse of Jim Cramer’s recommendations by going short regarding anything he recommends buying and going long regarding anything he doesn’t like. Also an actively managed exchange traded fund, LJIM does just the opposite, going long anything that Cramer recommends buying. Tuttle Capital Management LLC serves as adviser to the ETFs. “Love him or hate him, Jim Cramer is a polarizing figure,” says Tuttle Capital Management CEO and chief investment officer Matthew Tuttle in the press release. “We want to give investors on both sides of the debate a way to express their views, and create products that can provide diversification to traditional portfolios.”
To view the full press release, visit https://ccw.fm/eIsdP
About the Inverse Cramer Tracker ETF and the Long Cramer Tracker ETF
The Inverse Cramer Tracker ETF seeks to provide investment results that are approximately the opposite of, before fees and expenses, the results of the investments recommended by television personality Jim Cramer. The Long Cramer Tracker ETF seeks to provide investment results that generally track, before fees and expenses, the results of the investments recommended by television personality Jim Cramer. For more information about these funds, please visit www.CramerETFS.com.
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)
CryptoCurrency News Wire is where News, content and information converge via Crypto.
For more information, please visit https://www.cryptocurrencywire.com
New York, New York
CryptoCurrencyWire is part of the InvestorBrandNetwork.