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Stoxx 600 sector ETFs see USD119.9m net inflows

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European Stoxx 600 sector exchange-traded funds saw USD119.9m of net inflows during the week ending 19 March, according to BlackRock.

The largest sector ETF inflows were in basic resources with USD159.5m and oil and gas with USD25.1m.

Healthcare experienced net outflows of USD38.8m.

Year-to-date, media has had the largest net inflows with USD291.6m net new assets, followed by utilities with USD118.0m YTD.

Telecommunications sector ETFs have had the largest net outflows with USD295.4m YTD.

In total, Stoxx 600 sector ETFs have seen USD272.6m net inflows YTD.

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