Ninety One North America Inc. Purchases 36,801 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Ninety One North America Inc. boosted its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 14.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 291,430 shares of the semiconductor company's stock after buying an additional 36,801 shares during the period. Ninety One North America Inc.'s holdings in ASE Technology were worth $2,935,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Aaron Wealth Advisors LLC increased its position in ASE Technology by 5.9% during the fourth quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company's stock worth $246,000 after acquiring an additional 1,370 shares during the period. First Affirmative Financial Network lifted its position in ASE Technology by 13.7% during the third quarter. First Affirmative Financial Network now owns 15,330 shares of the semiconductor company's stock worth $150,000 after purchasing an additional 1,851 shares during the period. GAMMA Investing LLC grew its stake in ASE Technology by 28.0% during the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company's stock worth $96,000 after buying an additional 2,083 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in ASE Technology by 16.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company's stock valued at $168,000 after buying an additional 2,431 shares during the period. Finally, Bridgewater Advisors Inc. raised its position in shares of ASE Technology by 11.7% in the 4th quarter. Bridgewater Advisors Inc. now owns 25,308 shares of the semiconductor company's stock valued at $257,000 after buying an additional 2,657 shares in the last quarter. 6.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, UBS Group raised ASE Technology from a "neutral" rating to a "buy" rating in a report on Tuesday, October 15th.

ASE Technology Price Performance

Shares of ASX traded up $0.01 during trading hours on Friday, reaching $10.12. The stock had a trading volume of 6,711,943 shares, compared to its average volume of 9,778,839. The stock has a market capitalization of $22.20 billion, a PE ratio of 22.48, a PEG ratio of 0.42 and a beta of 1.17. 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 0.38, a quick ratio of 0.89 and a current ratio of 1.18. The company's 50-day moving average is $10.23 and its two-hundred day moving average is $9.96.

ASE Technology Profile

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.