ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 33.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 185,028 shares of the semiconductor company's stock after purchasing an additional 45,883 shares during the quarter. Orion Portfolio Solutions LLC's holdings in ASE Technology were worth $1,863,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ASX. Steward Partners Investment Advisory LLC grew its holdings in ASE Technology by 166.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 2,307 shares during the last quarter. Allworth Financial LP boosted its position in shares of ASE Technology by 42.5% in 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 in the last quarter. R Squared Ltd acquired a new stake in ASE Technology in the 4th quarter valued at about $51,000. Wilmington Savings Fund Society FSB purchased a new position in ASE Technology during the 3rd quarter valued at about $77,000. Finally, Whipplewood Advisors LLC acquired a new position in ASE Technology during the fourth quarter worth about $93,000. Institutional investors and hedge funds own 6.80% of the company's stock.

ASE Technology Price Performance

ASX stock traded down $0.10 during trading on Monday, hitting $7.57. The stock had a trading volume of 20,667,354 shares, compared to its average volume of 8,100,824. The stock has a market cap of $16.71 billion, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The company's 50 day moving average price is $9.89 and its two-hundred day moving average price is $10.02. ASE Technology Holding Co., Ltd. has a 1-year low of $7.07 and a 1-year high of $12.86.

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ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data 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, sell-side analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.