Despite a positive daily performance of +1,30% at the closing on Friday’s market session, ETFs seeking to replicate financials large cap stocks indices experienced strong outflows $-177,46M. Investors seem to lock in profits accumulated in the last 30 days bull run +3,93%. Year-to-date, ETFs included in the segment progressed on average by an impressive +30,15%. Over the same period, cumulated outflows reached $-1,4Bn showing investors are considerably reducing their exposure to financials stocks. 14 funds replicating the performance of 7 indices are included in the segment for a total of $4,8Bn of assets under management.