Vanguard Group Inc. Has $15.45 Million Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Vanguard Group Inc. cut its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,534,348 shares of the semiconductor company's stock after selling 121,802 shares during the quarter. Vanguard Group Inc. owned about 0.07% of ASE Technology worth $15,451,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ASX. Steward Partners Investment Advisory LLC grew its position in ASE Technology by 166.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock worth $37,000 after buying an additional 2,307 shares in the last quarter. Allworth Financial LP grew its position in ASE Technology by 42.5% during the fourth 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 during the fourth quarter worth about $51,000. Wilmington Savings Fund Society FSB acquired a new stake in ASE Technology during the third quarter worth about $77,000. Finally, Whipplewood Advisors LLC acquired a new stake in ASE Technology during the fourth quarter worth about $93,000. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Performance

ASX stock traded up $0.42 during trading on Wednesday, reaching $8.58. 1,622,684 shares of the stock were exchanged, compared to its average volume of 11,453,144. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. The stock has a 50 day simple moving average of $9.35 and a 200-day simple moving average of $9.85. The company has a market capitalization of $18.94 billion, a P/E ratio of 19.07, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $12.86.

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 analysts' consensus estimates of $0.16 by ($0.03). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. As a group, sell-side analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current 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.