Rhumbline Advisers Has $8.11 Million Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Rhumbline Advisers boosted its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 805,764 shares of the semiconductor company's stock after acquiring an additional 68,654 shares during the quarter. Rhumbline Advisers' holdings in ASE Technology were worth $8,114,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC grew its stake in shares of ASE Technology by 585.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 109,813 shares of the semiconductor company's stock worth $1,072,000 after buying an additional 93,790 shares during the last quarter. Diversify Wealth Management LLC grew its stake in shares of ASE Technology by 10.0% during the third quarter. Diversify Wealth Management LLC now owns 68,160 shares of the semiconductor company's stock worth $691,000 after buying an additional 6,207 shares during the last quarter. US Bancorp DE grew its stake in shares of ASE Technology by 4.4% during the third quarter. US Bancorp DE now owns 393,247 shares of the semiconductor company's stock worth $3,838,000 after buying an additional 16,575 shares during the last quarter. BSW Wealth Partners grew its stake in shares of ASE Technology by 36.4% during the third quarter. BSW Wealth Partners now owns 46,680 shares of the semiconductor company's stock worth $456,000 after buying an additional 12,446 shares during the last quarter. Finally, QRG Capital Management Inc. grew its stake in shares of ASE Technology by 23.3% during the third quarter. QRG Capital Management Inc. now owns 79,125 shares of the semiconductor company's stock worth $772,000 after buying an additional 14,938 shares during the last quarter. 6.80% of the stock is owned by institutional investors.

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ASE Technology Price Performance

Shares of NYSE ASX traded up $0.12 during midday trading on Friday, reaching $10.15. 12,821,165 shares of the company were exchanged, compared to its average volume of 10,126,823. The stock's 50-day moving average price is $10.44 and its 200-day moving average price is $10.06. The stock has a market cap of $22.39 billion, a P/E ratio of 22.54, a PEG ratio of 0.47 and a beta of 1.17. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year 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 issued its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. On average, sell-side analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Company 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.