Thrivent Financial for Lutherans Decreases Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Thrivent Financial for Lutherans lowered its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 91.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,063 shares of the semiconductor company's stock after selling 121,520 shares during the quarter. Thrivent Financial for Lutherans' holdings in ASE Technology were worth $108,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. FMR LLC lifted its holdings in shares of ASE Technology by 152.7% in the 3rd quarter. FMR LLC now owns 185,500 shares of the semiconductor company's stock worth $1,810,000 after acquiring an additional 112,104 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of ASE Technology by 24.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 336,500 shares of the semiconductor company's stock worth $3,284,000 after acquiring an additional 66,500 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in ASE Technology by 22.6% during the 3rd quarter. Quantinno Capital Management LP now owns 76,200 shares of the semiconductor company's stock valued at $744,000 after acquiring an additional 14,041 shares during the period. XTX Topco Ltd purchased a new stake in ASE Technology in the third quarter worth $1,969,000. Finally, Orion Portfolio Solutions LLC lifted its position in shares of ASE Technology by 10.1% during the third quarter. Orion Portfolio Solutions LLC now owns 139,145 shares of the semiconductor company's stock worth $1,358,000 after purchasing an additional 12,780 shares during the last quarter. Hedge funds and other institutional investors own 6.80% of the company's stock.

Remove Ads

ASE Technology Trading Up 12.3 %

Shares of NYSE ASX traded up $0.92 during mid-day trading on Wednesday, reaching $8.34. The company had a trading volume of 36,768,396 shares, compared to its average volume of 8,291,984. ASE Technology Holding Co., Ltd. has a 52 week low of $6.78 and a 52 week high of $12.86. The stock has a market cap of $18.40 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The business's 50-day moving average is $9.72 and its 200-day moving average is $9.96. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40.

ASE Technology (NYSE:ASX - Get Free Report) last released 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 net margin of 5.44% and a return on equity of 9.86%. Equities analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share 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.