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DJ Stoxx 600 sector ETFs see USD117.2m net outflows

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Dow Jones Stoxx 600 sector exchange-traded funds saw USD117.2m of net outflows during the week ending 15 January, according to a report by BlackRock.

The largest sector ETF inflows were in technology with USD30.2m and industrial goods and services with USD21.9m.

Automobiles and parts experienced net outflows of USD59.9m.

Year-to-date, basic resources has been the most popular sector with USD83.7m net new assets, followed by technology with USD26.7m net inflows.

Food and beverage ETFs have been the least popular with USD98.7m net outflows YTD.

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