InvestorWire NewsRoom


InvestorNewsBreaks — The Inverse Cramer Tracker ETF (CBOE: SJIM) Announces Closing, Liquidation Dates
January 26, 2024

InvestorNewsBreaks — The Inverse Cramer Tracker ETF (CBOE: SJIM) Announces Closing, Liquidation Dates

The Inverse Cramer Tracker ETF (CBOE: SJIM) will be closed and liquidated; the orderly liquidation of the ETF was authorized by the Board of Trustees of the Northern Lights Fund Trust IV. According to the announcement, the board determined that closing and liquidating the fund was in the best interests of the fund and its shareholders. The last day of trading for the fund will be Feb. 13, 2024, which will also be the last day the fund will accept creation units from authorized participants. Shareholders may sell their holdings before that date; customary brokerage charges may apply. In addition, the announcement noted that authorized participants may redeem baskets of shares for a pro rata portion of the fund’s portfolio on hand through the same date. It is anticipated that the fund will cease operations, liquidate assets and distribute liquidation proceeds to shareholders on Feb. 23, 2024. The announcement stated that between those two dates, there is no assurance that there will be a market for the fund’s shares. “We started [the fund] in order to point out the danger of following TV stockpickers, Jim Cramer specifically, and the total lack of accountability,” said Inverse Cramer Tracker ETF fund portfolio manager Matthew Tuttle in the press release. “We feel like we have accomplished that mission, but retail investors are more focused on volatile products and the interest in a long/short portfolio never fully materialized. With the success of the T-REX product line, and the other initiatives we are involved in, we just didn’t have the time to keep running this portfolio.”

To view the full press release, visit

About the Inverse 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. For more information about this fund, please visit

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published:

Los Angeles, CA
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).