The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years.
However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed.
However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs.
The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes.
Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.
Persons:
Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm
Organizations:
ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital
Locations:
Cupertino, Calif, U.S, SPDR Americas