Ethic Inc. Has $3.57 Million Stake 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% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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.

A number of other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in ASE Technology by 36.1% in the fourth quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock valued at $48,958,000 after acquiring an additional 1,290,605 shares during the last quarter. Capula Management Ltd grew its holdings in shares of ASE Technology by 117.8% during the fourth quarter. Capula Management Ltd now owns 2,197,070 shares of the semiconductor company's stock valued at $22,124,000 after purchasing an additional 1,188,410 shares during the last quarter. Mirabella Financial Services LLP bought a new position in ASE Technology in the 4th quarter worth approximately $6,780,000. Barclays PLC lifted its position in ASE Technology by 24.6% in the fourth quarter. Barclays PLC now owns 3,094,383 shares of the semiconductor company's stock worth $31,160,000 after purchasing an additional 611,751 shares during the period. Finally, Fisher Asset Management LLC lifted its position in shares of ASE Technology by 3.3% during the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock valued at $157,843,000 after acquiring an additional 507,008 shares during the last quarter. Institutional investors and hedge funds own 6.80% of the company's stock.

ASE Technology Stock Up 1.0%

Shares of ASX traded up $0.10 during mid-day trading on Wednesday, reaching $10.18. The company's stock had a trading volume of 12,708,823 shares, compared to its average volume of 8,983,637. The business has a fifty day moving average of $8.90 and a 200 day moving average of $9.73. The company has a market cap of $22.47 billion, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20. ASE Technology Holding Co., Ltd. has a 1 year low of $6.94 and a 1 year high of $12.86. 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 (NYSE:ASX - Get Free Report) last released its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). The business had revenue of $4.59 billion during the quarter, compared to analysts' expectations of $143.62 billion. ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. As a group, analysts forecast 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.