🔴 Health Care ETF (ARKG) is trading 3.7% down as September CPI revives higher-for-longer rate concerns

ARKG is trading at $47.44 (-3.66%) as September CPI exceeded expectations, reviving higher-for-longer rate concerns.

• The broader healthcare sector was comparatively resilient on October 15, so the decline appears more consistent with pressure on ARKG’s concentrated genomics holdings than a sector-wide selloff.
• Its largest positions include 10x Genomics, Twist Bioscience, and Tempus AI.