Blue Trust Inc. Has $819,000 Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Blue Trust Inc. lessened its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 49.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,333 shares of the semiconductor company's stock after selling 78,786 shares during the quarter. Blue Trust Inc.'s holdings in ASE Technology were worth $819,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its position in ASE Technology by 10.8% in the third quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company's stock valued at $148,036,000 after purchasing an additional 1,481,424 shares in the last quarter. Citigroup Inc. raised its holdings in ASE Technology by 9.7% in the 3rd quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company's stock valued at $42,193,000 after acquiring an additional 382,425 shares during the period. JPMorgan Chase & Co. lifted its position in ASE Technology by 103.8% during the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company's stock worth $34,855,000 after acquiring an additional 1,818,753 shares during the last quarter. TT International Asset Management LTD boosted its holdings in shares of ASE Technology by 14.8% during the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company's stock worth $20,140,000 after acquiring an additional 265,767 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its holdings in ASE Technology by 3.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 562,892 shares of the semiconductor company's stock valued at $5,494,000 after buying an additional 18,095 shares in the last quarter. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Price Performance

Shares of ASX traded up $0.31 during trading hours on Wednesday, hitting $11.34. 13,409,445 shares of the company were exchanged, compared to its average volume of 9,691,080. The firm's fifty day moving average is $10.35 and its 200 day moving average is $9.99. ASE Technology Holding Co., Ltd. has a fifty-two week low of $8.10 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. The company has a market cap of $24.88 billion, a price-to-earnings ratio of 25.19, a P/E/G ratio of 0.46 and a beta of 1.17.

ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (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%. On average, equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

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.