Thornburg International Equity ETF (NASDAQ:TXUE) Sees Large Volume Increase – Here’s Why

Thornburg International Equity ETF (NASDAQ:TXUE) shares saw unusually-strong trading volume on Tuesday. Approximately 272,849 shares were traded during trading, an increase of 355% from the average daily volume of 59,950 shares. The stock last traded at $34.8210 and had previously closed at $34.93.

Thornburg International Equity ETF Trading Down 0.2%

The company has a market capitalization of $584.19 million, a PE ratio of 18.04 and a beta of 0.42. The business’s 50-day simple moving average is $35.25 and its 200-day simple moving average is $34.38.

Hedge Funds Weigh In On Thornburg International Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. D.A. Davidson & CO. lifted its holdings in Thornburg International Equity ETF by 6.2% in the 3rd quarter. D.A. Davidson & CO. now owns 517,077 shares of the company’s stock valued at $17,953,000 after purchasing an additional 30,332 shares in the last quarter. IFC Advisors LLC acquired a new position in shares of Thornburg International Equity ETF in the first quarter valued at approximately $15,717,000. Oppenheimer & Co. Inc. grew its stake in Thornburg International Equity ETF by 12.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 371,413 shares of the company’s stock worth $12,895,000 after purchasing an additional 40,807 shares in the last quarter. Cooper Capital Advisors LLC lifted its position in shares of Thornburg International Equity ETF by 3.2% during the 3rd quarter. Cooper Capital Advisors LLC now owns 329,560 shares of the company’s stock worth $11,442,000 after purchasing an additional 10,228 shares during the last quarter. Finally, Financial Designs Corp lifted its position in shares of Thornburg International Equity ETF by 9.6% during the 3rd quarter. Financial Designs Corp now owns 294,455 shares of the company’s stock worth $10,223,000 after buying an additional 25,780 shares during the last quarter.

About Thornburg International Equity ETF

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.