Ethic Inc. Has $3.57 Million Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Ethic Inc. lowered its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 354,353 shares of the semiconductor company's stock after selling 30,891 shares during the period. Ethic Inc.'s holdings in ASE Technology were worth $3,568,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its position in shares of ASE Technology by 166.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after buying an additional 2,307 shares in the last quarter. Allworth Financial LP increased its position in shares of ASE Technology by 42.5% in the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock valued at $41,000 after buying an additional 1,104 shares in the last quarter. R Squared Ltd bought a new stake in shares of ASE Technology in the 4th quarter valued at $51,000. Whipplewood Advisors LLC bought a new position in shares of ASE Technology in the 4th quarter valued at about $93,000. Finally, GAMMA Investing LLC grew its holdings 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 in the last quarter. Institutional investors own 6.80% of the company's stock.

ASE Technology Stock Performance

NYSE:ASX traded down $0.22 during mid-day trading on Friday, hitting $9.94. The stock had a trading volume of 5,957,065 shares, compared to its average volume of 9,002,103. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $12.86. The stock has a market cap of $21.95 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 0.47 and a beta of 1.20. The company's 50 day simple moving average is $8.91 and its 200 day simple moving average is $9.73. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19.

ASE Technology (NYSE:ASX - Get Free Report) last issued its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. The firm had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. On average, equities research analysts forecast 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.