Thornburg International Equity ETF (NASDAQ:TXUE) Sets New 12-Month High – Should You Buy?

Thornburg International Equity ETF (NASDAQ:TXUE) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $36.75 and last traded at $36.63, with a volume of 19802 shares trading hands. The stock had previously closed at $36.55.

Thornburg International Equity ETF Stock Performance

The business has a 50 day moving average of $34.99 and a two-hundred day moving average of $34.05. The firm has a market capitalization of $550.92 million, a price-to-earnings ratio of 18.04 and a beta of 0.38.

Institutional Investors Weigh In On Thornburg International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. acquired a new stake in Thornburg International Equity ETF in the 2nd quarter valued at $119,000. Empire Financial Management Company LLC raised its holdings in Thornburg International Equity ETF by 6.7% during the first quarter. Empire Financial Management Company LLC now owns 8,000 shares of the company’s stock worth $258,000 after buying an additional 500 shares during the last quarter. Cornerstone Wealth Group LLC raised its holdings in Thornburg International Equity ETF by 4.8% during the fourth quarter. Cornerstone Wealth Group LLC now owns 10,747 shares of the company’s stock worth $337,000 after buying an additional 491 shares during the last quarter. Ascentis Independent Advisors acquired a new position in Thornburg International Equity ETF during the first quarter worth $390,000. Finally, Patten Group Inc. lifted its stake in shares of Thornburg International Equity ETF by 15.3% in the first 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.