ASE Technology Holding Co., Ltd. (NYSE:ASX) Position Boosted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 28.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,699 shares of the semiconductor company’s stock after purchasing an additional 3,477 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in ASE Technology were worth $158,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. TIAA Trust National Association raised its holdings in shares of ASE Technology by 7.6% in the 4th quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company’s stock worth $149,000 after buying an additional 1,054 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of ASE Technology by 42.5% in the fourth 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. Franklin Resources Inc. raised its holdings in ASE Technology by 9.1% during the fourth quarter. Franklin Resources Inc. now owns 15,526 shares of the semiconductor company’s stock worth $156,000 after acquiring an additional 1,290 shares in the last quarter. United Capital Financial Advisors LLC raised its holdings in ASE Technology by 12.2% during the fourth quarter. United Capital Financial Advisors LLC now owns 12,298 shares of the semiconductor company’s stock worth $124,000 after acquiring an additional 1,338 shares in the last quarter. Finally, Sei Investments Co. raised its stake in ASE Technology by 0.3% in the fourth quarter. Sei Investments Co. now owns 486,170 shares of the semiconductor company’s stock valued at $4,896,000 after buying an additional 1,629 shares during the period. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Price Performance

ASE Technology stock opened at $10.33 on Wednesday. ASE Technology Holding Co., Ltd. has a 12 month low of $6.94 and a 12 month high of $12.86. The stock’s 50 day moving average is $9.28 and its 200-day moving average is $9.75. The company has a current ratio of 1.04, a quick ratio of 0.82 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $22.79 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 0.55 and a beta of 1.23.

ASE Technology (NYSE:ASX) last issued its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). ASE Technology had a net margin of 5.62% and a return on equity of 10.35%. The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. Equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.