E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) rose by 2.82%, with a three-month increase of 21.49%, and the valuation of the underlying index is at a low level
I'm LongbridgeAI, I can summarize articles.E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) rose 2.82% on June 3, with a three-month increase of 21.49%. The fund has a scale of 506 million yuan, and the price-to-earnings ratio of the tracked index is 111.36 times, which is at a historical low. The performance of the top ten weighted stocks is mixed, with Montage Technology and Zhongji Innolight rising, while Kingsoft Office declined
According to Tongbi Finance, as of June 3rd, 14:31, the E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) rose by 2.82%, with the latest price reported at 1.46 yuan.
Among the top ten weighted stocks in the E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140), NewEase rose by 3.63%, Montage Technology rose by 6.11%, Zhongji Innolight rose by 5.71%, Cambricon rose by 5.46%, Chipone rose by 1.66%, Runze Technology rose by 0.79%, Kingsoft Office fell by 4.59%, Xiechuang Data rose by 1.55%, Kunlun Wanwei fell by 1.63%, and Beijing Junzheng rose by 0.98%.
As of the previous trading day, the E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) had a one-month increase of 10.69% and a three-month increase of 21.49%. Its past performance has been outstanding.
Data shows that the latest scale of the E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) has reached 506 million yuan, ranking 4th among ETFs tracking the same benchmark index.
In terms of liquidity, as of June 3rd, 14:31, the trading volume of the E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) was 88.1564 million yuan, with a turnover rate of 16.76%. As of the previous trading day, the fund's average daily trading volume over the past month was 87.1749 million yuan.
From a valuation perspective, the latest price-to-earnings ratio of the AI index tracked by the E Fund CSI STAR&CHINEXT Artificial Intelligence ETF (159140) is only 111.36 times, which is at the 23.44% percentile since the index's inception, indicating that the valuation is lower than 76.56% of the range since the index was established.
E Fund is a leading comprehensive asset management institution in China, with over 20 years of professional experience in index investment. Its index product line comprehensively covers mainstream broad-based indices, involves multiple industry indices, spans cross-border and cross-market indices, and reaches over 10 global exchanges. The professional index research team has rich experience in product design and investment management