GTS Securities LLC Acquires 56,960 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

GTS Securities LLC grew its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 251.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 79,596 shares of the semiconductor company's stock after acquiring an additional 56,960 shares during the quarter. GTS Securities LLC's holdings in ASE Technology were worth $802,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ASX. Steward Partners Investment Advisory LLC increased its holdings in ASE Technology by 166.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 2,307 shares during the period. Allworth Financial LP boosted 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 acquiring an additional 1,104 shares in the last quarter. R Squared Ltd purchased a new stake in ASE Technology in the fourth quarter worth $51,000. Whipplewood Advisors LLC bought a new position in ASE Technology in the fourth quarter worth $93,000. Finally, GeoWealth Management LLC lifted its position in ASE Technology by 75.3% during the 4th quarter. GeoWealth Management LLC now owns 10,071 shares of the semiconductor company's stock valued at $101,000 after acquiring an additional 4,327 shares during the period. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Down 1.0%

Shares of ASX traded down $0.10 during mid-day trading on Thursday, reaching $9.54. The company had a trading volume of 17,784,386 shares, compared to its average volume of 9,302,680. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The firm has a 50-day moving average price of $8.93 and a 200 day moving average price of $9.73. ASE Technology Holding Co., Ltd. has a 52 week low of $6.94 and a 52 week high of $12.86. The company has a market capitalization of $21.06 billion, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20.

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 return on equity of 9.86% and a net margin of 5.44%. The firm had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $143.62 billion. On average, sell-side analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.