The Innovative Energy ETF (588830) experienced a decline of 2.21%, with a trading volume of 3,092.03 million yuan as of May 6, 2025, at 15:04. This ETF has been under scrutiny as it continues to shape the landscape of renewable energy investments.
As of May 6, the Innovative Energy ETF (588830) reported a trading decline of 2.21%, with a total trading volume of 3,092.03 million yuan. The ETF is set to officially launch on July 31, 2024, under the name Innovative Energy Exchange-Traded Fund. The management fee for this ETF is 0.50% annually, while the custodian fee stands at 0.10% per year.
The Innovative Energy ETF (588830) is notably different from other ETFs, particularly with its focus on high-quality, innovative energy products. As of April 30, the most recent valuation for the ETF was 4.51 billion shares, with the latest regulatory approval at 4.49 billion yuan. By December 31, 2024, the projected share volume is expected to be 3.18 billion shares, with regulatory approval anticipated at 3.64 billion yuan. This ETF has seen a remarkable increase of 41.84% in shares this year, while the regulatory approval has risen by 23.27%.
In terms of liquidity, as of May 6, the Innovative Energy ETF (588830) accumulated a total trading volume of 7.25 billion yuan over the last twenty trading days, with an average daily trading volume of 3,625.14 million yuan. Currently, this ETF operates under a mixed management strategy, with the funds expected to be managed starting July 31, 2024, and with an anticipated yield of -0.39%.
The latest scheduled report indicates that the Innovative Energy ETF (588830) has a diverse portfolio that includes major players in the renewable energy sector, such as Longi Green Energy, JinkoSolar, and Canadian Solar. As of now, the ETF holds the following shares and their respective market values:
- 688223 – Longi Green Energy: 10.29%, 738.98 million shares
- 688599 – JinkoSolar: 7.28%, 201.22 million shares
- 688116 – Canadian Solar: 5.84%, 63.62 million shares
- 688472 – First Solar: 5.70%, 272.43 million shares
- 688303 – Trina Solar: 4.95%, 118.79 million shares
- 688005 – Enphase Energy: 4.59%, 92.39 million shares
- 688567 – Sunrun: 4.20%, 135.36 million shares
- 688778 – Vivint Solar: 3.18%, 31.03 million shares
- 688390 – FuelCell Energy: 3.03%, 31.29 million shares
- 688408 – Innergex Renewable Energy: 2.86%, 24.23 million shares
This article serves as an overview and does not constitute financial advice or recommendations. Investors should conduct their own research and consider their individual circumstances before making any investment decisions.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/new-energy-resource-etf-sees-2-21-increase-with-trading-volume-of-309-2-billion-yuan/
