JPMorgan Chase & Co. lifted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 36.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,861,813 shares of the semiconductor company's stock after buying an additional 1,290,605 shares during the period. JPMorgan Chase & Co. owned 0.22% of ASE Technology worth $48,958,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of ASX. TIAA Trust National Association grew its holdings in shares of ASE Technology by 7.6% during the fourth quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company's stock valued at $149,000 after purchasing an additional 1,054 shares during the last quarter. Allworth Financial LP grew its stake in ASE Technology by 42.5% during the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock worth $41,000 after buying an additional 1,104 shares during the last quarter. Aaron Wealth Advisors LLC increased its position 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 buying an additional 1,370 shares during the period. Sei Investments Co. lifted its stake in ASE Technology by 0.3% in the fourth quarter. Sei Investments Co. now owns 486,170 shares of the semiconductor company's stock valued at $4,896,000 after buying an additional 1,629 shares during the last quarter. Finally, Inspire Advisors LLC boosted its holdings in shares of ASE Technology by 12.6% during the fourth quarter. Inspire Advisors LLC now owns 16,517 shares of the semiconductor company's stock valued at $166,000 after acquiring an additional 1,844 shares during the period. Institutional investors and hedge funds own 6.80% of the company's stock.
ASE Technology Stock Down 6.1 %
ASX stock opened at $7.70 on Friday. The stock has a market cap of $17.00 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The firm's 50-day simple moving average is $9.93 and its 200 day simple moving average is $10.03. ASE Technology Holding Co., Ltd. has a fifty-two week low of $7.53 and a fifty-two week high of $12.86. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40.
ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. As a group, sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current year.
ASE Technology Profile
(
Free Report)
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.
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