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Stoxx 600 sector ETFs see USD191.8m net inflows

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European Stoxx 600 sector exchange-traded funds saw USD191.8m of net inflows during the week ending 4 June, a report by BlackRock has found.

The largest sector ETF inflows last week were in banks with USD309.9m and industrial goods and services with USD20.1m.

Healthcare experienced net outflows of USD50.4m.

Year-to-date, media has had the largest net inflows with USD288.4m net new assets, followed by industrial goods and services with USD85.4m YTD.

Basic Resources sector ETFs have had the largest net outflows with USD235.3m YTD.

In total, Stoxx 600 sector ETFs have seen USD327.2m net outflows YTD.

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