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

Xponance Inc. bought a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) in the fourth quarter, HoldingsChannel reports. The firm bought 10,259 shares of the semiconductor company’s stock, valued at approximately $103,000.

Several other institutional investors also recently bought and sold shares of ASX. Fisher Asset Management LLC grew its position in shares of ASE Technology by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company’s stock valued at $157,843,000 after purchasing an additional 507,008 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in ASE Technology by 103.8% during the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock valued at $34,855,000 after buying an additional 1,818,753 shares during the last quarter. TT International Asset Management LTD grew its holdings in ASE Technology by 14.8% during the 3rd 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 in the last quarter. NINE MASTS CAPITAL Ltd boosted its position in shares of ASE Technology by 17.3% during the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,162,852 shares of the semiconductor company’s stock valued at $11,710,000 after acquiring an additional 171,463 shares during the last quarter. Finally, Rhumbline Advisers increased its position in ASE Technology by 9.3% in the fourth quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company’s stock worth $8,114,000 after purchasing an additional 68,654 shares during the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Stock Performance

ASE Technology stock opened at $8.81 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.19 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. The company’s 50-day moving average price is $10.16 and its 200-day moving average price is $10.07. The company has a market cap of $19.44 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21.

ASE Technology (NYSE:ASX) last issued its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (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%. On average, equities research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal 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.