规模再创新高，航空航天ETF（159227）连续4日净流入，机构：预期军工行情或将再次上行

Core Viewpoint - The A-share market experienced a collective decline on September 3, with the defense and military industry sector leading the drop, particularly the aerospace ETF which fell by 5.75% and recorded a trading volume of 193 million yuan [1] Group 1: Market Performance - The aerospace ETF (159227) has seen a net inflow of funds for four consecutive trading days, totaling over 282 million yuan, reaching a new high of 1.265 billion yuan, making it the largest ETF focused on aerospace and defense in the market [1] - The leading stocks within the aerospace ETF, including drone manufacturers and other defense-related companies, experienced significant declines [1] Group 2: Industry Outlook - According to Shenwan Securities, the adjustment of funds is nearing its end, and the industry's fundamentals are expected to provide favorable support, with the upcoming Q3 reports anticipated to exceed expectations [1] - The "14th Five-Year Plan" is expected to open up the upper limit of the defense and military space, combined with ongoing military trade expectations, suggesting that the market may experience another upward trend [1] - The aerospace ETF tracks the National Aerospace Index, with a high concentration of 97.96% in the primary military industry, focusing on the aerospace sector and covering key components such as fighter jets, transport aircraft, helicopters, and missiles [1]