Baron First Principles ETF is trading at $24.19 (-3.24%) as growth-oriented assets face a broader risk-off sentiment despite mixed performance in the wider market.
- The move follows a period of high volatility, suggesting investors are engaging in profit-taking ahead of key PCE inflation data later this week.
- Macroeconomic factors, including peace-talk headlines and softer oil prices, are pressuring growth valuations in the absence of fund-specific catalysts.