Thornburg International Equity ETF (NASDAQ:TXUE) Sees Strong Trading Volume – Here’s What Happened

Shares of Thornburg International Equity ETF (NASDAQ:TXUE) saw an uptick in trading volume on Monday. Approximately 184,461 shares changed hands during trading, an increase of 230% from the previous session’s volume of 55,819 shares. The stock last traded at $35.26 and had previously closed at $35.47.

Thornburg International Equity ETF Trading Down 0.6%

The company’s 50-day simple moving average is $35.93 and its 200-day simple moving average is $34.60. The stock has a market capitalization of $544.76 million, a price-to-earnings ratio of 18.04 and a beta of 0.38.

Institutional Investors Weigh In On Thornburg International Equity ETF

Institutional investors have recently made changes to their positions in the stock. IFC Advisors LLC bought a new position in shares of Thornburg International Equity ETF during the first quarter worth about $15,717,000. D.A. Davidson & CO. lifted its position in shares of Thornburg International Equity ETF by 21.6% in the 1st quarter. D.A. Davidson & CO. now owns 468,050 shares of the company’s stock worth $15,067,000 after purchasing an additional 83,180 shares during the period. Financial Management Network Inc. increased its position in shares of Thornburg International Equity ETF by 4.1% during the first quarter. Financial Management Network Inc. now owns 296,619 shares of the company’s stock worth $10,010,000 after buying an additional 11,700 shares during the period. One Charles Private Wealth Services LLC raised its stake in Thornburg International Equity ETF by 26.8% during the first quarter. One Charles Private Wealth Services LLC now owns 204,515 shares of the company’s stock worth $6,583,000 after buying an additional 43,201 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Thornburg International Equity ETF by 48.8% in the first quarter. Bank of New York Mellon Corp now owns 111,253 shares of the company’s stock valued at $3,581,000 after buying an additional 36,509 shares during the period.

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.