Baron Capital on Monday launched five actively managed exchange-traded funds, betting that its long-term record – including a large, early investment in SpaceX – will translate to growing demand for active strategies in an ETF format.The new funds – the Baron First Principles ETF (RONB), Baron Global Durable Advantage ETF (BCGD), Baron SMID Cap ETF (BCSM), Baron Financials ETF (BCFN) and Baron Technology ETF (BCTK) – began trading on Monday. Each ETF is designed to mirror investment approaches that Baron Ca ...