Thornburg International Equity ETF (NASDAQ:TXUE) Sets New 1-Year High – Should You Buy?

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

Thornburg International Equity ETF Stock Up 0.1%

The stock has a market capitalization of $550.61 million, a P/E ratio of 18.04 and a beta of 0.38. The business has a 50-day simple moving average of $35.08 and a two-hundred day simple moving average of $34.10.

Hedge Funds Weigh In On Thornburg International Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. acquired a new stake in Thornburg International Equity ETF during the 2nd quarter worth approximately $119,000. Empire Financial Management Company LLC boosted its holdings in shares of 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 valued at $258,000 after buying an additional 500 shares during the last quarter. Cornerstone Wealth Group LLC increased its stake in shares of Thornburg International Equity ETF by 4.8% during 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 last quarter. Ascentis Independent Advisors bought a new position in shares of Thornburg International Equity ETF during the 1st quarter worth approximately $390,000. Finally, Patten Group Inc. increased its holdings 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 purchasing an additional 1,769 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.