United Capital Financial Advisors LLC Purchases 1,338 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

United Capital Financial Advisors LLC boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 12.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,298 shares of the semiconductor company’s stock after acquiring an additional 1,338 shares during the quarter. United Capital Financial Advisors LLC’s holdings in ASE Technology were worth $124,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. TIAA Trust National Association raised its position in ASE Technology by 7.6% during the 4th quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company’s stock worth $149,000 after purchasing an additional 1,054 shares during the last quarter. Allworth Financial LP increased its position in ASE Technology by 42.5% during the 4th 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 during the period. Franklin Resources Inc. raised its holdings in ASE Technology by 9.1% during the 4th quarter. Franklin Resources Inc. now owns 15,526 shares of the semiconductor company’s stock worth $156,000 after purchasing an additional 1,290 shares during the last quarter. Aaron Wealth Advisors LLC boosted its stake in shares of ASE Technology by 5.9% in the 4th quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company’s stock valued at $246,000 after purchasing an additional 1,370 shares during the last quarter. Finally, Sei Investments Co. raised its stake in ASE Technology by 0.3% during the fourth quarter. Sei Investments Co. now owns 486,170 shares of the semiconductor company’s stock worth $4,896,000 after buying an additional 1,629 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Performance

ASX stock opened at $8.15 on Wednesday. The firm has a market cap of $17.99 billion, a PE ratio of 18.11, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. The stock has a 50-day moving average price of $9.35 and a 200-day moving average price of $9.85. ASE Technology Holding Co., Ltd. has a 1-year low of $6.94 and a 1-year high of $12.86.

ASE Technology (NYSE:ASX) last issued its quarterly 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 net margin of 5.44% and a return on equity of 9.86%. As a group, equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

About ASE Technology

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.