获资金实时净申购480万份！受公募+私募偏爱！有色龙头ETF重挫4%失守短期均线，但中期趋势暂未改！

Core Viewpoint - The recent performance of the non-ferrous metal sector ETF (159876) has shown a decline, with a drop of nearly 4% at one point, but the medium-term upward trend remains intact despite short-term moving averages being breached [1] Group 1: ETF Performance - The non-ferrous metal sector ETF (159876) experienced a decline of 3.86%, falling below the 10-day and 20-day moving averages, while the 60-day and 120-day moving averages continue to diverge upwards, indicating that the medium-term upward trend is not yet broken [1] - As of the report, the non-ferrous metal sector ETF (159876) saw a net subscription of 4.8 million units, suggesting that investors are actively positioning themselves during the market pullback [1] - The latest scale of the non-ferrous metal sector ETF (159876) reached 513 million yuan, making it the largest among three similar products tracking the same index [1] Group 2: Market Sentiment and Investment Trends - A total of 332 stocks have been held simultaneously by both public and private funds for three consecutive quarters, indicating a strong interest in the non-ferrous metal sector [3] - The rapid development of emerging technologies like AI is becoming a significant driver for the demand for non-ferrous metals such as copper, supported by favorable factors like expected interest rate cuts by the Federal Reserve and expanding downstream demand from sectors like new energy vehicles and solar energy [3] - The non-ferrous metal sector is viewed as a popular investment area for both public and private funds, with high holdings in leading companies like Zijin Mining, Chifeng Jilong Gold, and Xinyi Silver [3] Group 3: Sector Composition and Strategy - The non-ferrous metal sector ETF (159876) and its linked funds passively track the CSI Non-Ferrous Metals Index, with weightings for copper, aluminum, gold, rare earths, and lithium at 27.7%, 14.4%, 13.2%, 10.2%, and 9.1% respectively, allowing for risk diversification compared to investing in a single metal [5] - A comprehensive approach to investing in the non-ferrous metal sector is suggested to better capture the overall beta performance of the sector [5]