Thornburg International Equity ETF (NASDAQ:TXUE) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Thornburg International Equity ETF (NASDAQ:TXUE) saw unusually-high trading volume on Monday. 116,828 shares traded hands during trading, an increase of 99% from the previous session’s volume of 58,709 shares. The stock last traded at $34.6110 and had previously closed at $34.90.

Thornburg International Equity ETF Stock Down 1.0%

The business’s 50 day moving average is $35.63 and its 200 day moving average is $34.85. The company has a market cap of $562.73 million, a P/E ratio of 18.04 and a beta of 0.41.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TXUE. JM2 Capital Inc. grew its holdings in Thornburg International Equity ETF by 13.7% in the third quarter. JM2 Capital Inc. now owns 12,533 shares of the company’s stock worth $435,000 after purchasing an additional 1,506 shares during the last quarter. Clay Northam Wealth Management LLC increased its position in Thornburg International Equity ETF by 2.8% during the 3rd quarter. Clay Northam Wealth Management LLC now owns 29,425 shares of the company’s stock valued at $1,022,000 after buying an additional 800 shares in the last quarter. Cascade Investment Group Inc. increased its position in Thornburg International Equity ETF by 27.3% during the 3rd quarter. Cascade Investment Group Inc. now owns 53,123 shares of the company’s stock valued at $1,844,000 after buying an additional 11,378 shares in the last quarter. Financial Designs Corp raised its stake in Thornburg International Equity ETF by 9.6% in the third quarter. Financial Designs Corp now owns 294,455 shares of the company’s stock valued at $10,223,000 after buying an additional 25,780 shares during the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in Thornburg International Equity ETF in the second quarter valued at about $2,508,000.

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.