Y Intercept Hong Kong Ltd Raises Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Y Intercept Hong Kong Ltd boosted its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 28.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,965 shares of the semiconductor company's stock after purchasing an additional 33,542 shares during the period. Y Intercept Hong Kong Ltd's holdings in ASE Technology were worth $1,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP lifted its stake in ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 1,104 shares during the last quarter. Aaron Wealth Advisors LLC lifted its stake in ASE Technology by 5.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company's stock worth $246,000 after purchasing an additional 1,370 shares during the last quarter. GAMMA Investing LLC lifted its stake in ASE Technology by 28.0% in the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company's stock worth $96,000 after purchasing an additional 2,083 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in ASE Technology by 16.5% in the third quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company's stock worth $168,000 after purchasing an additional 2,431 shares during the last quarter. Finally, Bridgewater Advisors Inc. increased its position in shares of ASE Technology by 11.7% during the fourth quarter. Bridgewater Advisors Inc. now owns 25,308 shares of the semiconductor company's stock worth $257,000 after acquiring an additional 2,657 shares during the period. Institutional investors own 6.80% of the company's stock.

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ASE Technology Trading Up 1.1 %

Shares of NYSE:ASX traded up $0.12 during trading on Friday, reaching $10.15. 12,821,165 shares of the company were exchanged, compared to its average volume of 10,126,823. The firm has a market capitalization of $22.39 billion, a PE ratio of 22.54, a P/E/G ratio of 0.47 and a beta of 1.17. The business's fifty day simple moving average is $10.44 and its 200-day simple moving average is $10.06. ASE Technology Holding Co., Ltd. has a 12-month low of $8.10 and a 12-month high of $12.86. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93.

ASE Technology (NYSE:ASX - Get Free Report) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. On average, research analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current year.

About ASE Technology

ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.