券商股午后异动频频，证券ETF（512880）逆势翻红，5日吸金超40亿元

Group 1 - The core viewpoint of the article highlights the positive movement in brokerage stocks, with the securities ETF (512880) showing resilience and a trading volume exceeding 2.6 billion yuan [1] - There has been a continuous net inflow of over 4 billion yuan for five consecutive days, and nearly 10 billion yuan in the last 20 trading days, indicating strong investor interest [1] - Huatai Securities notes that the current valuation of major brokerages remains at a historical low, with a PBLF average of 1.61x, which is at the 44th percentile since 2014, suggesting potential for valuation recovery [1] Group 2 - Dongwu Securities states that the current valuation of brokerage stocks is reasonable, and with positive industry development policies, brokerages have significant advantages [1] - Investors interested in the sector are encouraged to explore related investment opportunities, including the securities ETF connection fund (012363) for those without stock accounts [1]