National Bank of Canada FI Purchases Shares of 484,199 ASE Technology Holding Co., Ltd. (NYSE:ASX)

National Bank of Canada FI acquired a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 484,199 shares of the semiconductor company's stock, valued at approximately $4,876,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASX. Fisher Asset Management LLC grew its position in shares of ASE Technology by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock worth $157,843,000 after buying an additional 507,008 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of ASE Technology by 36.1% during the fourth quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after purchasing an additional 1,290,605 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of ASE Technology by 0.3% during the 4th quarter. Schroder Investment Management Group now owns 4,371,391 shares of the semiconductor company's stock valued at $44,370,000 after purchasing an additional 12,767 shares during the last quarter. American Century Companies Inc. boosted its position in shares of ASE Technology by 7.0% in the 4th quarter. American Century Companies Inc. now owns 2,398,141 shares of the semiconductor company's stock worth $24,149,000 after purchasing an additional 157,177 shares in the last quarter. Finally, TT International Asset Management LTD grew its stake in ASE Technology by 14.8% during the 3rd quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company's stock worth $20,140,000 after buying an additional 265,767 shares during the last quarter. Hedge funds and other institutional investors own 6.80% of the company's stock.

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ASE Technology Stock Up 5.7 %

ASE Technology stock traded up $0.45 during midday trading on Friday, reaching $8.31. The company's stock had a trading volume of 13,718,008 shares, compared to its average volume of 8,399,444. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93. The stock has a market capitalization of $18.34 billion, a P/E ratio of 18.46, a PEG ratio of 0.47 and a beta of 1.21. The stock's 50-day simple moving average is $9.65 and its 200-day simple moving average is $9.93. ASE Technology Holding Co., Ltd. has a 52-week low of $6.94 and a 52-week high of $12.86.

ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data 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%. On average, sell-side analysts expect 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.