Thornburg International Equity ETF (NASDAQ:TXUE) Sets New 12-Month High – Here’s Why

Thornburg International Equity ETF (NASDAQ:TXUE)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $38.40 and last traded at $36.53, with a volume of 3082 shares changing hands. The stock had previously closed at $36.26.

Thornburg International Equity ETF Trading Up 0.8%

The business has a 50 day simple moving average of $35.24 and a 200-day simple moving average of $34.20. The stock has a market capitalization of $549.71 million, a price-to-earnings ratio of 18.04 and a beta of 0.38.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Osaic Holdings Inc. acquired a new stake in shares of Thornburg International Equity ETF in the second quarter worth approximately $119,000. Empire Financial Management Company LLC increased its position 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 purchasing an additional 500 shares during the last quarter. Ascentis Independent Advisors acquired a new position in Thornburg International Equity ETF during the first quarter worth approximately $390,000. Patten Group Inc. raised its stake in Thornburg International Equity ETF by 15.3% during the first quarter. Patten Group Inc. now owns 13,322 shares of the company’s stock worth $429,000 after purchasing an additional 1,769 shares during the period. Finally, Cornerstone Wealth Group LLC raised its stake in Thornburg International Equity ETF by 53.0% during the first quarter. Cornerstone Wealth Group LLC now owns 16,447 shares of the company’s stock worth $553,000 after purchasing an additional 5,700 shares during the period.

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.