JPMorgan Chase & Co. Has $48.96 Million Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

JPMorgan Chase & Co. boosted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 36.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,861,813 shares of the semiconductor company's stock after acquiring an additional 1,290,605 shares during the quarter. JPMorgan Chase & Co. owned about 0.22% of ASE Technology worth $48,958,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. TIAA Trust National Association increased its position in ASE Technology by 7.6% during the fourth 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. Congress Wealth Management LLC DE acquired a new position in ASE Technology in the fourth quarter valued at $263,000. Sei Investments Co. lifted its stake in shares of 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 purchasing an additional 1,629 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of ASE Technology by 7.0% in the fourth quarter. American Century Companies Inc. now owns 2,398,141 shares of the semiconductor company's stock worth $24,149,000 after acquiring an additional 157,177 shares in the last quarter. Finally, Summit Global Investments acquired a new position in shares of ASE Technology in the fourth quarter worth about $1,602,000. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Stock Down 3.5 %

NYSE ASX traded down $0.29 on Thursday, hitting $8.06. 2,305,692 shares of the stock traded hands, compared to its average volume of 11,099,223. The stock has a 50-day moving average of $9.72 and a 200 day moving average of $9.96. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $12.86. The company has a market capitalization of $17.79 billion, a P/E ratio of 17.91, 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.

ASE Technology (NYSE:ASX - Get Free Report) last posted its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 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, analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share 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.