Thornburg International Equity ETF (NASDAQ:TXUE) Hits New 1-Year High – Time to Buy?

Shares of Thornburg International Equity ETF (NASDAQ:TXUE) hit a new 52-week high during trading on Friday . The stock traded as high as $36.70 and last traded at $36.65, with a volume of 3124 shares trading hands. The stock had previously closed at $36.42.

Thornburg International Equity ETF Stock Performance

The company has a market cap of $551.37 million, a P/E ratio of 18.04 and a beta of 0.38. The firm’s fifty day moving average is $34.84 and its two-hundred day moving average is $33.93.

Hedge Funds Weigh In On Thornburg International Equity ETF

Hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. purchased a new stake in shares of Thornburg International Equity ETF during the second quarter worth about $119,000. Empire Financial Management Company LLC boosted its stake in Thornburg International Equity ETF by 6.7% in the 1st quarter. Empire Financial Management Company LLC now owns 8,000 shares of the company’s stock worth $258,000 after purchasing an additional 500 shares during the period. Cornerstone Wealth Group LLC boosted its stake in Thornburg International Equity ETF by 4.8% in the 4th quarter. Cornerstone Wealth Group LLC now owns 10,747 shares of the company’s stock worth $337,000 after purchasing an additional 491 shares during the period. Ascentis Independent Advisors purchased a new stake in Thornburg International Equity ETF during the 1st quarter valued at approximately $390,000. Finally, Patten Group Inc. grew its holdings in Thornburg International Equity ETF by 15.3% during the 1st quarter. Patten Group Inc. now owns 13,322 shares of the company’s stock valued at $429,000 after buying an additional 1,769 shares in the last quarter.

Thornburg International Equity ETF Company Profile

The Thornburg International Equity ETF (TXUE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of non-US developed market securities of large-cap companies. The selection process combines bottom-up fundamental analysis and macroeconomic insights. TXUE was launched on Jan 22, 2025 and is issued by Thornburg.