So what’s the BUZZ?
Dave Portnoy teamed up with VanEck to launch the VanEck Social Sentiment ETF.
Trading on the NYSE under the ticker BUZZ, the ETF tracks around 75 stocks - each with a minimum market capitalization of $5 billion - based on positive social media sentiment.
The stocks will be rebalanced monthly with replacements added and underperforming shares removed, reports TheStreet’s Martin Baccardax.
Jim Cramer sat down with Portnoy to talk about the ETF and what he thinks will come next in the video above.