11月以来公告上市股票型ETF平均仓位19.55%

Core Viewpoint - Tianhong Zhongzheng Agricultural Theme ETF is set to be listed on November 21, 2025, with a trading share of 445 million, and is currently in the accumulation phase with 100% of its total assets in bank deposits and settlement reserves, and 0% in stock investments [1][2] Group 1: ETF Launch and Composition - A total of 15 stock ETFs have announced their listing in November, with an average position of only 19.55%, while the highest position is held by Southern Zhongzheng Hong Kong Stock Connect Internet ETF at 45.33% [1] - Tianhong Zhongzheng Agricultural Theme ETF has a current position of 0.00%, indicating it is still in the accumulation phase [1][2] - Other ETFs with low positions include Industrial Bank Zhongzheng Financial Technology ETF and Guolian An Hong Kong Stock Connect Technology ETF, with positions of 0.00% and 0.06% respectively [1] Group 2: Fund Size and Investor Structure - The average fundraising for the ETFs announced in November is 423 million shares, with the largest being the招商国证港股通科技ETF at 935 million shares [2] - Institutional investors hold an average of 11.93% of the shares, with the highest proportions in Guolian An Hong Kong Stock Connect Technology ETF (31.99%), Huabao Zhongzheng Hong Kong Stock Connect Information Technology Comprehensive ETF (29.99%), and Ping An Zhongzheng General Aviation Theme ETF (18.60%) [2] - Tianhong Guo Zheng Hong Kong Stock Connect Technology ETF has a low institutional holding ratio of 0.59% [2]