Here are the shares most bought by UK investors last week

Which shares have been popular buys among UK investors over the past week? Karl Talbot takes a look at the three hottest stocks.

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Trader on video call from his home office

Image source: Getty Images

Knowing which stocks to invest in is undoubtedly one of the biggest challenges facing UK investors. And while past performance is not an indicator of future results, it’s interesting to see which stocks are snapped up by investors, especially when it comes to stocks that have recently tumbled.

So, let’s explore the stocks that have been popular buys among UK investors over the past week.

5 Stocks For Trying To Build Wealth After 50

One notable billionaire made 99% of his current wealth after his 50th birthday. And here at The Motley Fool, we believe it is NEVER too late to start trying to build your fortune in the stock market. Our expert Motley Fool analyst team have shortlisted 5 companies that they believe could be a great fit for investors aged 50+ trying to build long-term, diversified portfolios.

Click here to claim your free copy now!

[top_pitch]

Which shares have UK investors been buying recently?

Here are the most popular shares among Hargreaves Lansdown clients in the UK last week, in terms of the value of deals.

Position Company Industry % of total stocks traded
1 Tesla Inc Car manufacturing 3.36
2 Boohoo Group Online fashion 2.94
3 iShares Plc Exchange-traded funds 2.28
4 International Consolidated Airlines Group SA International travel 1.88
5 Scottish Mortgage Investment Trust plc Mortgage trusts 1.86
6 Rolls Royce Holdings Plc Aerospace 1.85
7 Lloyds Banking Group plc Banking 1.44
8 Glencore plc Commodity trading 1.32
9 Vanguard Funds plc Investment platforms 1.24
10 WisdomTree Exchange-traded funds 1.24

 

What can we learn about the three most popular buys?

Tesla, Boohoo Group, and iShares Plc were the three most popular shares to buy among UK investors last week. These companies accounted for a massive 8.58% of total shares bought among Hargreaves Lansdown clients.

Let’s take a look at these shares in more detail.

1. Tesla

Followers of this list will be unsurprised by Tesla claiming the top spot again. That’s because the electric car manufacturer – made famous by its eccentric founder, Elon Musk – is often a popular pick among Hargreaves Lansdown traders. 

Aside from the fact that Tesla is involved in a growing industry, its share price is known for its wild volatility. 

Over the past seven days, Tesla’s share price has gone from $958 (£713.92) to $1,088 (£810.80). That’s a healthy increase of 13.5%. However, since the turn of December, its share price has actually fallen. On 1 December, a Tesla share was valued at $1,095, compared to $1,088 today – a fall of 0.63%. Despite these recent movements, Tesla shares are up a massive 49.15% since the turn of 2021.

Because Tesla is almost always featured on a list of the most bought shares, it’s no secret that traders are attracted by its volatility. That’s because many active investors look to buy Tesla stock in order to make a quick buck from sharp movements in its share price.

2. Boohoo Group

It’s been a horrid year for the Boohoo Group share price, with its value falling 63.37% in the space of a year, and 25.6% since the beginning of December!

Reasons cited for this dismal performance include poor first-half results, reduced earnings estimates, and new competition. For example, some analysts believe Chinese retailer ‘Shein’ could continue to increase its market share in the online fashion sector, due to its ability to undercut rivals. 

Another reason given for Boohoo’s poor share price performance this year is the fact that many believe the company will be hit hard by rising inflation. That’s because higher inflation increases the costs of production. This can lead to higher prices, which can reduce customer demand.

Despite a nightmarish 2021, Boohoo’s current share price of £1.26 is clearly being considered a bargain by many UK investors. Those who have recently snapped up Boohoo stock will be hoping the retailer’s share price has the ability to bounce back to £3.40, where it stood at the beginning of the year.

3. iShares Plc

iShares is a collection of exchange-traded funds (ETFs) that are managed by BlackRock. It’s another popular inclusion on the list of most bought shares, and it’s fair to say that investors in the firm have enjoyed a decent 2021.

Since the turn of the year, the iShares Plc share price is up a respectable 13.36%. That’s a tad above the FTSE 100 average of 13.12%.

Unlike Tesla and Boohoo, the iShares Plc share price hasn’t shown much volatility in 2021. Instead, it has generally headed upwards over the past year, aside from two slumps in July and September.

As a result, those buying iShares Plc over the past seven days are likely to include traders content with ‘slow and steady’ returns.

[middle_pitch]

Why should we look at this data?

Taking a look at what UK investors have been buying recently can be an interesting way to determine whether Brits have an appetite for volatile or stable stocks. It can also show us whether UK investors believe certain stocks are undervalued.

That being said, new investors should always take this data with a pinch of salt, and not use it to make any investing decisions of their own. If you are new to investing and you’re keen to learn more, then The Motley Fool’s Investing Basics is a good place to start.

Are you looking to invest? You may wish to explore our list of top-rated share dealing accounts.

Is this little-known company the next ‘Monster’ IPO?

Right now, this ‘screaming BUY’ stock is trading at a steep discount from its IPO price, but it looks like the sky is the limit in the years ahead.

Because this North American company is the clear leader in its field which is estimated to be worth US$261 BILLION by 2025.

The Motley Fool UK analyst team has just published a comprehensive report that shows you exactly why we believe it has so much upside potential.

But I warn you, you’ll need to act quickly, given how fast this ‘Monster IPO’ is already moving.

Click here to see how you can get a copy of this report for yourself today

More on Personal Finance

Note paper with question mark on orange background
Personal Finance

Should you invest your ISA in a model portfolio?

Which model ISA portfolios offer both high performance and low fees? Hargreaves Lansdown, Interactive Investor and AJ Bell go under…

Read more »

Economic Uncertainty Ahead Sign With Stormy Background
Personal Finance

Is it time to exit emerging markets investments?

Investors may well be sitting on losses from emerging markets funds. Is it worth keeping the faith for a sustained…

Read more »

Personal Finance

Share trading? Three shares with turnaround potential

Share trading has been difficult in 2022, but which companies have turnaround potential? Jo Groves takes a closer look at…

Read more »

Man using credit card and smartphone for purchasing goods online.
Personal Finance

Revealed! Why Gen Z may be the savviest generation when it comes to credit cards

New research reveals that Gen Z may be the most astute when it comes to credit cards. But why? And…

Read more »

Environmental technology concept.
Personal Finance

The 10 best-performing sectors for ISA investors

The best-performing sectors over the past year invested in real assets such as infrastructure, but is this trend set to…

Read more »

Road sign warning of a risk ahead
Personal Finance

Recession risk ‘on the rise’: is it time for investors to worry?

A major global bank has suggested the risk of a recession in the UK is 'on the rise'. So, should…

Read more »

pensive bearded business man sitting on chair looking out of the window
Personal Finance

1 in 4 cutting back on investments amid cost of living crisis

New research shows one in four investors have cut back on their investing contributions to cope with the rising cost…

Read more »

Image of person checking their shares portfolio on mobile phone and computer
Personal Finance

The 10 most popular stocks among UK investors so far this year

As the new tax year kicks off, here's a look at some of the most popular stocks among UK investors…

Read more »