Xponance Inc. Invests $103,000 in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Xponance Inc. purchased a new position in ASE Technology Holding Co., Ltd. (NYSE:ASX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,259 shares of the semiconductor company’s stock, valued at approximately $103,000.

A number of other institutional investors have also recently made changes to their positions in ASX. JPMorgan Chase & Co. grew its holdings in shares of ASE Technology by 103.8% in the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock worth $34,855,000 after acquiring an additional 1,818,753 shares during the period. TT International Asset Management LTD increased its holdings in 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 valued at $20,140,000 after buying an additional 265,767 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in ASE Technology in the fourth quarter worth approximately $710,000. Y Intercept Hong Kong Ltd boosted its stake in shares of ASE Technology by 28.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company’s stock worth $1,510,000 after acquiring an additional 33,542 shares during the last quarter. Finally, Rhumbline Advisers grew its position in shares of ASE Technology by 9.3% during the 4th quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company’s stock valued at $8,114,000 after acquiring an additional 68,654 shares during the period. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Price Performance

Shares of ASE Technology stock opened at $8.81 on Friday. The stock has a market cap of $19.44 billion, a P/E ratio of 19.57, a P/E/G ratio of 0.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The stock’s fifty day moving average is $10.16 and its 200 day moving average is $10.07. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 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%. 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.