Cerity Partners LLC Purchases 140,413 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Cerity Partners LLC raised its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 107.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 271,246 shares of the semiconductor company's stock after purchasing an additional 140,413 shares during the period. Cerity Partners LLC's holdings in ASE Technology were worth $2,376,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC raised its position in ASE Technology by 94.6% during the 1st quarter. GAMMA Investing LLC now owns 18,525 shares of the semiconductor company's stock worth $162,000 after purchasing an additional 9,004 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in ASE Technology by 55.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 177,024 shares of the semiconductor company's stock worth $1,591,000 after purchasing an additional 63,011 shares during the last quarter. Janney Montgomery Scott LLC raised its position in ASE Technology by 11.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 31,450 shares of the semiconductor company's stock worth $276,000 after purchasing an additional 3,319 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of ASE Technology by 36.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after acquiring an additional 1,290,605 shares in the last quarter. Finally, QRG Capital Management Inc. raised its position in shares of ASE Technology by 5.2% in the 1st quarter. QRG Capital Management Inc. now owns 82,412 shares of the semiconductor company's stock worth $722,000 after acquiring an additional 4,099 shares in the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Trading Up 2.9%

Shares of ASX stock traded up $0.30 during mid-day trading on Wednesday, hitting $10.59. The company's stock had a trading volume of 6,977,052 shares, compared to its average volume of 9,965,961. The company's fifty day simple moving average is $10.13 and its 200-day simple moving average is $9.80. ASE Technology Holding Co., Ltd. has a 52 week low of $6.94 and a 52 week high of $11.37. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.82 and a current ratio of 1.04. The company has a market cap of $23.37 billion, a PE ratio of 22.52, a P/E/G ratio of 0.55 and a beta of 1.24.

ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). The company had revenue of $4.59 billion for the quarter, compared to analyst estimates of $143.62 billion. ASE Technology had a return on equity of 10.35% and a net margin of 5.62%. As a group, equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 2nd will be given a dividend of $0.359 per share. This is an increase from ASE Technology's previous annual dividend of $0.32. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a dividend yield of 2.3%. ASE Technology's dividend payout ratio (DPR) is 55.32%.

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.