A2 Milk and Zip were among the most traded ASX shares last week

Demand was strong for these ASX shares last week…

James Mickleboro

Author Bio James Mickleboro is an investment writer and analyst who has worked with The Motley Fool Australia for 10 years, covering ASX shares, market news, broker research, dividends, growth stocks, and long-term investing ideas. Over that time, James has written extensively about Australian equities and developed a particular focus on helping everyday investors understand the stories behind share price moves, company announcements, broker views, and broader market trends. His best investment recommendation was identifying Afterpay while it was still a small-cap growth share, before its rise into one of Australia’s biggest technology success stories. His worst investment lesson came from CSL Ltd (ASX: CSL), where he was burnt by believing management could turn the business around sooner than the market ultimately allowed. Areas of Expertise ASX shares Growth and dividend investing Broker research Interpreting company announcements Market news Portfolio strategy Long-term wealth creation Education Bachelor of Politics, Philosophy and Economics. CFA Institute Social Media LinkedIn Favorite Investment Quote "It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price." — Warren Buffett

Published July 13, 2021 3:24 pm AEST

Australia's leading investment platform provider CommSec has released data on the most traded ASX shares on its platform from last week.

Here's the data:

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Zip Co Ltd (ASX: Z1P)

This buy now pay later (BNPL) provider was the most traded ASX share on the CommSec platform last week. Its shares were attributable to 3.6% of trades during the week, with the buying and selling evenly split. The buyers certainly will have been the happier group, with the Zip share price rising 9.1% over the five days. This was driven by speculation that Klarna has bought a stake in the company.

Sydney Airport Holdings Pty Ltd (ASX: SYD)

This airport operator's shares were involved in 2.3% of trades on CommSec last week. This followed news that Sydney Airport has received a $22.3 billion takeover approach from a consortium of infrastructure investors. And with buyers accounting for just 13% of the volume, it appears as though CommSec investors were quick to cash in following Monday's 33.9% gain.

A2 Milk Company Ltd (ASX: A2M)

This infant formula company's shares were popular with investors again last week. A2 Milk's shares accounted for 2.1% of trades on CommSec, with buyers responsible for 71% of the volume. Investors were bidding the a2 Milk share price higher after it was given the thumbs up by regulators to acquire a 75% interest in Mataura Valley Milk. The a2 Milk share price rose 10.4% over the five days.

BetaShares Global Sustainability Leaders ETF (ASX: ETHI)

This ethical ETF was among the most traded shares on CommSec again last week and attributable to 1.6% of total trading volume. A sizeable 91% of this volume came from the buy side, which helped the ETF record a modest weekly gain. The BetaShares Global Sustainability Leaders ETF share price is now up ~12% for the year.

Betashares Nasdaq 100 ETF (ASX: NDQ)

This ETF was popular with investors again during the five days. The Betashares Nasdaq 100 ETF was responsible of 1.5% of trades on CommSec, with 86% of the volume from buyers. The technology-focused ETF rose 1.7% last week, stretching its 2021 gain to ~14%.

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