HighTower Advisors LLC Invests $2.66 Million in Thornburg International Equity ETF $TXUE

HighTower Advisors LLC purchased a new position in Thornburg International Equity ETF (NASDAQ:TXUE) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 100,698 shares of the company’s stock, valued at approximately $2,659,000. HighTower Advisors LLC owned 2.34% of Thornburg International Equity ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in TXUE. Adapt Wealth Advisors LLC bought a new position in shares of Thornburg International Equity ETF in the first quarter valued at about $225,000. Bank of New York Mellon Corp purchased a new position in Thornburg International Equity ETF during the 1st quarter worth $747,000. Financial Management Network Inc. bought a new position in shares of Thornburg International Equity ETF during the 1st quarter worth approximately $1,396,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Thornburg International Equity ETF in the 1st quarter valued at $76,061,000.

Thornburg International Equity ETF Stock Up 1.3%

Shares of NASDAQ TXUE opened at $30.67 on Friday. The stock’s 50-day simple moving average is $29.61 and its two-hundred day simple moving average is $27.86. The firm has a market capitalization of $200.89 million and a P/E ratio of 18.04. Thornburg International Equity ETF has a twelve month low of $23.57 and a twelve month high of $30.78.

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.