# @benzinga on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/CjWVYahqIse
- **Gondola URL:** https://gondola.cc/posts/21841152-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/0f430e58a1.jpg
- **Posted:** 2022-10-05T22:36:39.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

The stock picks of one of the most well-known financial media personalities will be the theme of an ETF that tracks his stock picks — for better or worse.

Short Cramer And Long Cramer: After previously taking on Cathie Wood, Matthew Tuttle has a new target in his sights. Tuttle Capital Management filed two new ETFs on Wednesday that will track the stock recommendations of television personality Jim Cramer.

The ETFs are the Inverse Cramer ETF with ticker SJIM and the Long Cramer ETF with ticker LJIM, representing short Cramer and long Cramer.

The Inverse Cramer ETF will bet against Cramer's stock recommendations.

“The fund is an actively managed exchange traded fund that seeks to achieve its investment objective by engaging in transactions designed to perform the opposite of the return of the investments recommended by television personality Jim Cramer,” the prospectus reads.

How The ETFs Will Work: The fund will invest at least 80% in investments mentioned by Cramer.

“The fund’s adviser monitors Cramer’s stock selection and overall recommendations throughout the trading day as publicly announced on Twitter or his television programs broadcast on CNBC, and sells those recommendations short or enters into derivatives transactions such as futures, options or swaps that produce a negative correlation to those recommendation.”

The ETF will go long on stocks or ETFs on which Cramer is negative. The fund can also enter positions on index ETFs and inverse index ETFs representing Cramer's overall market view.

The Long Cramer ETF will invest in stocks and ETFs related to positions on which Cramer is positive.

The actively managed ETFs are expected to have high turnover of positions in the funds.

The funds will exit positions when Cramer announces a planned exit or change in sentiment. Positions will also be exited at the adviser’s discretion if no position on the stock or ETF has been relayed for over a week by Cramer.

A portfolio of around 20 to 25 securities with equally weight will be the target.

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- **Views:** 11,780
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## Tags

money, madmoney, trading, stockmarket, business, nyse, investors, swingtrader, jimcramer, cnbc, investing, stocktrading

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