Bank ETFs see largest inflows in Stoxx 600 sectors

The ETF Landscape report shows the Dow Jones Stoxx 600 Optimised Banks Source ETF gained $100.4m in the week, followed by the db x-trackers DJ Stoxx 600 Banks fund, which saw $48.3m. Telecommunications followed the bank sector ETFs, with inflows of $11.7m. In contrast, utilities experienced net outflows of $43.5m. Overall, Stoxx 600 sector ETFs had net outflows of $28.9m in this time period. Banks also saw high inflows year-to-date, with $126.4m, which was only beaten by media sector funds at $290.8m Conversely, telecommunications sector ETFs had the largest net outflows of $283...