ASE Technology Holding Co., Ltd. (NYSE:ASX) Holdings Increased by Wealthstream Advisors Inc.

Wealthstream Advisors Inc. increased its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,154 shares of the semiconductor company’s stock after acquiring an additional 1,955 shares during the period. Wealthstream Advisors Inc.’s holdings in ASE Technology were worth $153,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Allworth Financial LP boosted its stake in ASE Technology by 42.5% during the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 1,104 shares in the last quarter. R Squared Ltd bought a new position in ASE Technology during the fourth quarter valued at about $51,000. Wilmington Savings Fund Society FSB bought a new position in ASE Technology during the third quarter valued at about $77,000. GAMMA Investing LLC grew its holdings in ASE Technology by 28.0% during the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after acquiring an additional 2,083 shares during the period. Finally, Merit Financial Group LLC bought a new stake in ASE Technology in the fourth quarter worth about $119,000. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Performance

NYSE:ASX opened at $10.92 on Monday. The company has a 50-day moving average of $10.40 and a 200-day moving average of $10.03. The firm has a market cap of $24.11 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth ratio of 0.48 and a beta of 1.17. 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 Holding Co., Ltd. has a twelve month low of $8.10 and a twelve month high of $12.86.

ASE Technology (NYSE:ASX) last issued its earnings results 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 return on equity of 9.86% and a net margin of 5.44%. Analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.