Thornburg International Equity ETF (NASDAQ:TXUE) Sees Unusually-High Trading Volume – Time to Buy?
by Doug Wharley · The Cerbat GemThornburg International Equity ETF (NASDAQ:TXUE – Get Free Report) saw an uptick in trading volume on Tuesday. 272,849 shares were traded during mid-day 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 Price Performance
The stock’s 50 day moving average is $35.16 and its two-hundred day moving average is $34.42. The stock has a market capitalization of $587.10 million, a PE ratio of 18.04 and a beta of 0.42.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC raised its holdings in shares of Thornburg International Equity ETF by 17.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 8,121 shares of the company’s stock valued at $282,000 after purchasing an additional 1,215 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Thornburg International Equity ETF by 48.1% during the third quarter. Commonwealth Equity Services LLC now owns 10,065 shares of the company’s stock worth $349,000 after purchasing an additional 3,268 shares in the last quarter. Integras Partners LLC grew its stake in shares of Thornburg International Equity ETF by 14.0% during the third quarter. Integras Partners LLC now owns 29,660 shares of the company’s stock worth $1,030,000 after purchasing an additional 3,651 shares in the last quarter. Cooper Capital Advisors LLC increased its holdings in Thornburg International Equity ETF by 3.2% in the third quarter. Cooper Capital Advisors LLC now owns 329,560 shares of the company’s stock valued at $11,442,000 after buying an additional 10,228 shares during the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Thornburg International Equity ETF by 6.2% in the third quarter. D.A. Davidson & CO. now owns 517,077 shares of the company’s stock valued at $17,953,000 after buying an additional 30,332 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.
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