After a strong start to June, where shares raced to their highest level since early March, the market faced some resistance as concerns around the Coronavirus pandemic, particularly in the US, filtered through to local investors. Nonetheless, by the end of the month, the ASX had re-found some momentum, adding 2.5% across the course of June.

Leading the way were three key sectors. The IT sector was a stand-out, following in the footsteps of the NASDAQ, surging 6% throughout June. But it was also supported by the consumer discretionary and consumer staples segments, which advanced 5.4% and 5.1% respectively as investors made their bets on a reopening global economy.

Here is what the Selfwealth community were buying and selling through their Selfwealth trading accounts during June.

Which shares and ETFs were the most held?

While there were a few changes to the list of the top 20 most-held shares in Selfwealth members' trading accounts, including some stocks that saw their collective valuation decrease, the broader trend pointed towards sizeable portfolio growth. The top 20 most-held shares increased by an average of 12.6% in value, outpacing the 2.5% growth in the ASX 200 across the same period.The big banks once again were a prominent fixture in Selfwealth members' portfolios, with the strength of the financials sector throughout June driving portfolio growth. Shares in Commonwealth Bank (ASX: CBA) gained 8.9% last month, which translated into similar growth in the value of CBA shares held via the Selfwealth trading platform.Share price gains in the likes of Westpac (ASX: WBC), ANZ (ASX: ANZ) and NAB (ASX: NAB) were more muted, in the low single-digit range, however, each stock recorded a double-digit growth in value across Selfwealth portfolios.Selfwealth (ASX: SWF) leaped into fifth position on the list of the most-held shares. With a near 50% movement in the share price of SWF across June, members' holdings naturally reflected this rise. However, the stock was also on the verge of joining the top 20 most-bought shares in terms of order numbers, with more than 650 buy orders bettering what were approximately 400 sell orders.Elsewhere, the value of Afterpay (ASX: APT) shares held in Selfwealth trading accounts rose by 45.3% compared with the month prior. We also observed that more members have been holding onto their shares in the runaway stock. APT shares are now the 10th most-held stock on our list, the highest position it has ever featured. With a marked shift taking place in the movement from cash transactions to digital payments, many investors are seemingly backing Afterpay international growth trajectory.It is this same thematic that also saw Zip Co (ASX: Z1P) enter the top 20 most-held stocks for the first time, finding its way into 16th position and surpassing established blue-chip stocks like Cochlear (ASX: COH), down two places to 22nd on the list, and Woolworths (ASX: WOW), down one place to 18th.Meanwhile, collective holdings in Neuren Pharmaceuticals (ASX: NEU) and Rio Tinto (ASX: RIO) slid sharply, down 14.9% and 6.2% respectively, with the latter actually contrasting its share price rise of 4.9%. This movement away from Rio Tinto, however, could be explained by a rotation of capital into the miner peer, Fortescue Metals Group (ASX: FMG), which leapfrogged it into 19th position on account of a 14% increase in the value of member holdings last month.StockCompany1CSLCSL Limited2CBACommonwealth Bank3WBCWestpac4NABNational Australia Bank5SWFSelfwealth6AFIAustralian Foundation Inv7ANZAustralia and New Zealand Banking Group8MQGMacquarie Group9BHPBHP10APTAfterpay11TLSTelstra12NEUNeuren Pharmaceuticals13WPLWoodside Petroleum14WESWesfarmers15ARGArgo Investments16Z1PZip Co17MLTMilton Corp18WOWWoolworths19FMGFortescue Metals Group20RIORio TintoThe top 10 ETFs held by Selfwealth members remained unchanged in June, however, there were still some prevailing trends. First, there was a shift away from US markets, potentially in response to the escalating pandemic situation abroad. The value of Vanguard U.S. Total Market Shares Index ETF (ASX: VTS), Ishares S&P 500 ETF (ASX: IVV) and Betashares Nasdaq 100 ETF (ASX: NDQ) each fell by a slightly higher than proportional amount compared with the underlying performance of each ETF.On the other hand, Selfwealth members' holdings in the likes of Vanguard Australian Shares Index ETF (ASX: VAS) and BetaShares Australia 200 ETF (ASX: A200) were 12.6% and 13.1% higher than May, even though the underlying performance of the ETFs were 2.6% and 2.5% respectively. The value of funds held in the Australian High Interest Cash ETF (ASX: AAA) fell by another 11.5% month-on-month, further suggesting some repositioning towards Australian equities.ETFCompany1VASVanguard Australian Shares Index ETF2VDHGVanguard Diversified High Growth Index ETF3VGSVanguard MSCI Index International Shares ETF4VTSVanguard U.S. Total Market Shares Index ETF5A200BetaShares Australia 200 ETF6IVVIshares S&P 500 ETF7VEUVanguard All-World ex-U.S. Shares Index ETF8NDQBetashares Nasdaq 100 ETF9AAAAAA Australian High Interest Cash ETF10STWSPDR S&P/ASX 200 Fund

Which shares and ETFs were the most traded?

There were various changes among the most-traded stocks from last month, however, with market volatility prevailing, the Australian Equities Strong Bear Fund (ASX: BBOZ) remained atop the buy and sell order lists in terms of the value of shares traded, albeit fractionally down on May numbers.However, the addition of Zip Co (ASX: Z1P) and Flight Centre (ASX: FLT) offered a couple debutants for the list of the most-traded shares. Zip Co stormed to popularity in the wake of news that it would acquire Quad Pay and further its expansion plans in the US. In total, there were 6,390 trades involving Zip shares, with buy orders approximately two-thirds of those. Meanwhile, Flight Centre rose to prominence as Selfwealth members looked for exposure to the reopening economy, plus the prospect of interstate travel and a travel bubble' with New Zealand emerging. Over 3,000 trades were made involving shares in FLT, once again, with about two-thirds being buy orders.PurchasesCodeSecurity1BBOZBetashares Australian Equities Strong Bear Hedge Fund2VASVanguard Australian Shares Index ETF3Z1PZip Co4FLTFlight Centre5WBCWestpac6CBACommonwealth Bank7GEARBetashares Geared Australian Equity Fund8ANZANZ9FMGFortescue Metals Group10CSLCSLSalesCodeSecurity1BBOZBetashares Australian Equities Strong Bear Hedge Fund2Z1PZip Co3CBACommonwealth Bank4VASVanguard Australian Shares Index ETF5WBCWestpac6FLTFlight Centre7GEARBetashares Geared Australian Equity Fund8CSLCSL9ANZANZ10FMGFortescue Metals GroupThe U.S Equities Strong Bear Fund (ASX: BBUS) fell out of the top 10 most-traded stocks as trading interest, particularly buying volume in the ETF eased, down more than 25% after a 28% decline the month prior. Afterpay was also an absentee from the most-traded stocks, somewhat surprisingly given the disproportionate rise in Selfwealth member holdings compared with the corresponding share price gain. However, as alluded to earlier, the value of sell orders for APT shares plummeted almost 60% month-on-month, suggesting more shareholders were keen to ride their profits.Finally, shares in SplitIt (ASX: SPT) and Novonix (ASX: NVX) posted record interest by trade numbers, with more than 2,700 trades involving SPT, and over 1,800 trades involving NVX. Given both stocks recorded significant share price improvements across the month, it appears numerous Selfwealth members were intent on trying to follow the price action.

That all for this Trade Trends report, stay tuned for the next edition this time next month!