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Media leads Stoxx 600 sector ETFs


European Stoxx 600 sector exchange-traded funds saw USD300.4m of net outflows during the week ending 9 April, according to BlackRock.

The largest sector ETF inflows were in media with USD14.8m.

Banks and basic resources experienced net outflows of USD160.2m and USD43.9m respectively.

Year-to-date, media has had the largest net inflows with USD326.4m net new assets, followed by utilities with USD79.5m YTD.

Telecommunications sector ETFs have had the largest net outflows with USD273.5m YTD.

In total, Stoxx 600 sector ETFs have seen USD4.0m net inflows YTD.

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