年内份额增长率近200%，券商ETF（159842）规模及份额均创新高，连续14日“吸金”累计近21亿元

Core Viewpoint - The securities sector is experiencing increased activity, with the broker ETF (159842) showing a slight rise of 0.08% as of the report date, indicating positive market sentiment towards the sector [1]. Fund Flow - The broker ETF (159842) has seen a continuous net inflow of funds for 15 trading days, accumulating nearly 2.1 billion yuan [1]. - The fund's circulation scale has reached a historical high of 6.341 billion yuan [1]. - As of September 16, the circulation shares of the broker ETF (159842) reached 5.301 billion shares, marking a year-to-date growth rate of 195.62%, the highest among similar products [1]. Index Tracking - The broker ETF (159842) tracks the CSI All Share Securities Companies Index, which consists of up to 50 securities company stocks selected from the CSI All Share sample stocks to reflect the overall performance of the industry [1]. Market Outlook - Western Securities suggests that the essence of the broker market is the emotional release of funds within the sector, indicating that the current market is only midway through its potential performance [1]. - If additional capital enters the market and trading volume increases, the broker sector's performance is expected to continue [1]. - With positive expectations for the capital market and the recovery of various business lines within brokerages, undervalued and low-allocation leading brokerages with high ROE (Return on Equity) present significant investment value [1]. Industry Transformation - Dongwu Securities indicates that the transformation of the securities industry is likely to bring new growth points [1]. - Benefiting from market recovery and a favorable policy environment, brokerage businesses, investment banking, and capital intermediary services are all expected to gain [1].