Thornburg International Equity ETF (NASDAQ:TXUE) Sets New 52-Week High – Here’s Why

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

Thornburg International Equity ETF Stock Performance

The stock has a market capitalization of $551.67 million, a price-to-earnings ratio of 18.04 and a beta of 0.38. The company has a fifty day simple moving average of $34.88 and a 200 day simple moving average of $33.95.

Hedge Funds Weigh In On Thornburg International Equity ETF

Hedge funds have recently made changes to their positions in the stock. IFC Advisors LLC acquired a new position in shares of Thornburg International Equity ETF in the 1st quarter worth approximately $15,717,000. HighTower Advisors LLC increased its position in shares of Thornburg International Equity ETF by 73.0% during the fourth quarter. HighTower Advisors LLC now owns 1,135,695 shares of the company’s stock worth $35,604,000 after buying an additional 479,087 shares during the period. D.A. Davidson & CO. raised its stake in Thornburg International Equity ETF by 346.8% during the fourth quarter. D.A. Davidson & CO. now owns 384,870 shares of the company’s stock worth $12,066,000 after buying an additional 298,725 shares during the last quarter. Royal Bank of Canada lifted its holdings in Thornburg International Equity ETF by 51.6% in the fourth quarter. Royal Bank of Canada now owns 334,454 shares of the company’s stock valued at $10,485,000 after buying an additional 113,786 shares during the period. Finally, Jane Street Group LLC boosted its position in Thornburg International Equity ETF by 342.4% during the fourth quarter. Jane Street Group LLC now owns 97,891 shares of the company’s stock valued at $3,069,000 after acquiring an additional 75,765 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.