Victory Capital Management Inc. Has $1.94 Million Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Victory Capital Management Inc. lifted its position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 68.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,916 shares of the semiconductor company's stock after purchasing an additional 78,251 shares during the quarter. Victory Capital Management Inc.'s holdings in ASE Technology were worth $1,943,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its holdings in ASE Technology by 166.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 2,307 shares in the last quarter. Allworth Financial LP boosted its position in shares of 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 during the period. R Squared Ltd bought a new position in shares of ASE Technology during the fourth quarter worth about $51,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of ASE Technology in the third quarter valued at about $77,000. Finally, Whipplewood Advisors LLC bought a new stake 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 Stock Down 0.8 %

ASX stock traded down $0.08 during mid-day trading on Friday, reaching $9.76. The company had a trading volume of 6,601,979 shares, compared to its average volume of 7,648,026. ASE Technology Holding Co., Ltd. has a 52 week low of $8.10 and a 52 week high of $12.86. The company has a market capitalization of $21.53 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 0.47 and a beta of 1.21. 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 50 day simple moving average of $10.27 and a two-hundred day simple moving average of $10.06.

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ASE Technology (NYSE:ASX - Get Free Report) last released its earnings results 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%. As a group, equities analysts predict 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.