Jones Financial Companies Lllp Acquires 7,078 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Jones Financial Companies Lllp boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 160.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,482 shares of the semiconductor company’s stock after purchasing an additional 7,078 shares during the period. Jones Financial Companies Lllp’s holdings in ASE Technology were worth $116,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its stake 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 purchasing an additional 1,104 shares during the last quarter. R Squared Ltd bought a new position in shares of ASE Technology in the 4th quarter valued at $51,000. Wilmington Savings Fund Society FSB bought a new position in shares of ASE Technology in the 3rd quarter valued at $77,000. Whipplewood Advisors LLC bought a new position in shares of ASE Technology in the 4th quarter valued at $93,000. Finally, GAMMA Investing LLC lifted its stake in shares of ASE Technology by 28.0% in the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock valued at $96,000 after acquiring an additional 2,083 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Stock Up 1.2 %

Shares of ASX opened at $9.65 on Friday. ASE Technology Holding Co., Ltd. has a 52 week low of $8.10 and a 52 week high of $12.86. The stock has a market capitalization of $21.29 billion, a price-to-earnings ratio of 21.43, a PEG 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 has a fifty day moving average of $10.35 and a 200-day moving average of $10.06.

ASE Technology (NYSE:ASX) last announced its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS 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 fiscal 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.