The Long Cramer Tracker ETF (CBOE: LJIM) will be closed and liquidated. The decision was made by the Board of Trustees of the Northern Lights Fund Trust IV, which authorized an orderly liquidation of the fund. According to the announcement, board members determined that “closing and liquidating the fund was in the best interests of the fund and its shareholders.” The announcement noted that the last day for trading of LJIM shares will be Sept. 11, 2023; that will also be the last day the fund will accept creation units from authorized participants. “We started LJIM in order to facilitate a conversation with Jim Cramer around his stock picks as the other side to the Short Cramer ETF (SJIM),” said Long Cramer Tracker ETF fund adviser Matthew Tuttle in the press release. “Unfortunately, Mr. Cramer and CNBC have been unwilling to engage in dialogue and instead have chosen to ignore the funds; therefore, there is no reason to keep the long side going. Going forward we will just focus on the short side.”
To view the full press release, visit https://nnw.fm/Pbo6V
About the Long Cramer Tracker ETF
The Long Cramer Tracker ETF seeks to provide investments results that generally track, before fees and expenses, the results of the investments recommended by television personality Jim Cramer. For more information, please visit www.CramerETFs.com/ljim.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW 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. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.
