Millennium Management LLC Raises Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Millennium Management LLC increased its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 16.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,817,203 shares of the semiconductor company's stock after buying an additional 255,747 shares during the quarter. Millennium Management LLC owned 0.08% of ASE Technology worth $18,299,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. TIAA Trust National Association boosted its holdings in ASE Technology by 7.6% in the fourth quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company's stock valued at $149,000 after acquiring an additional 1,054 shares in the last quarter. Allworth Financial LP boosted its holdings in ASE Technology by 42.5% in the fourth 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. Franklin Resources Inc. boosted its holdings in ASE Technology by 9.1% in the fourth quarter. Franklin Resources Inc. now owns 15,526 shares of the semiconductor company's stock valued at $156,000 after acquiring an additional 1,290 shares in the last quarter. United Capital Financial Advisors LLC boosted its holdings in ASE Technology by 12.2% in the fourth quarter. United Capital Financial Advisors LLC now owns 12,298 shares of the semiconductor company's stock valued at $124,000 after acquiring an additional 1,338 shares in the last quarter. Finally, Aaron Wealth Advisors LLC boosted its holdings in ASE Technology by 5.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company's stock valued at $246,000 after acquiring an additional 1,370 shares in the last quarter. Institutional investors own 6.80% of the company's stock.

ASE Technology Stock Performance

NYSE:ASX opened at $9.82 on Thursday. The stock has a market cap of $21.68 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20. The firm's fifty day simple moving average is $8.93 and its 200 day simple moving average is $9.73. 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 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 announced its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. The business had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $143.62 billion. As a group, research analysts predict 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.

Want to see what other hedge funds are holding ASX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.