Vestmark Advisory Solutions Inc. Buys Shares of 14,552 ASE Technology Holding Co., Ltd. (NYSE:ASX)

Vestmark Advisory Solutions Inc. purchased a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 14,552 shares of the semiconductor company’s stock, valued at approximately $147,000.

A number of other hedge funds and other institutional investors have also modified their holdings of ASX. JPMorgan Chase & Co. grew its holdings in shares of ASE Technology by 103.8% during the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock worth $34,855,000 after buying an additional 1,818,753 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of ASE Technology by 10.8% during the third quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company’s stock worth $148,036,000 after buying an additional 1,481,424 shares in the last quarter. Citigroup Inc. grew its holdings in shares of ASE Technology by 9.7% during the third quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company’s stock worth $42,193,000 after buying an additional 382,425 shares in the last quarter. TT International Asset Management LTD grew its holdings in shares of ASE Technology by 14.8% during the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock worth $20,140,000 after buying an additional 265,767 shares in the last quarter. Finally, Pinpoint Asset Management Ltd purchased a new stake in shares of ASE Technology during the third quarter worth about $1,983,000. 6.80% of the stock is currently owned by hedge funds and other institutional investors.

ASE Technology Stock Performance

Shares of NYSE ASX opened at $10.05 on Monday. The company has a market cap of $22.17 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 12 month low of $8.10 and a 12 month high of $12.86. 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 company has a 50-day simple moving average of $10.40 and a 200-day simple moving average of $10.07.

ASE Technology (NYSE:ASX) last released its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) 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, equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current 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.