Chernin’s Barstool Sports Leader Touts New Fund

CNET: Dave Portnoy is introducing his own exchange-traded fund, which uses artificial intelligence to determine what stocks to trade based on positive online posts. The VanEck Vectors Social Sentiment ETF is set to launch March 4. It will hold stock in 75 companies, which have a market cap of $5 billion, and will rotate these stocks based on social media posts, news articles and blogs.