The aerospace sector has evolved from a speculative frontier into a foundational pillar of modern global infrastructure. At the forefront of this technological shift is SpaceX, which has redefined the economics of space travel.
Prior to the debut of SpaceX on the Nasdaq, one of the few ways to get exposure to this highly anticipated IPO was through Baron First Principles ETF (RONB) via publicly traded, transparent, liquid ETF shares. Just because it's now public doesn't mean the exposure stops.
Baron First Principles ETF had a disappointing start to 2026, with a decline of 8.51% (NAV) compared with a 9.54% loss for the Russell 3000 Growth Index. Baron First Principles ETF increased its positions in many stocks while adding a couple of new names during the quarter. FIGS, Inc. revenue expanded 33% to $201.9 million, reflecting broad-based momentum across categories and geographies and exceeding expectations.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 150 | $3,430.5 | $3,363 | -$67.5 | -1.97% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 600 | $14,466 | $13,308 | -$1,158 | -8% |
Brian Clay Clay Northam Wealth Management LLC | 73,618 | $1.68M | $1.64M | -$45,643.16 | -2.71% |
John Ritter Ritter Daniher Financial Advisory LLC / DE | 250 | $6,027.5 | $5,558.75 | -$468.75 | -7.78% |
| PIL PFG Investments LLC PFG Investments LLC | 10,300 | $235,561 | $221,759 | -$13,802 | -5.86% |
| NYSE Exchange | US Country |