Tower Research Capital LLC TRC Makes New Investment in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Tower Research Capital LLC TRC acquired a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 42,319 shares of the semiconductor company's stock, valued at approximately $426,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ASX. Fisher Asset Management LLC grew its stake in ASE Technology by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock worth $157,843,000 after buying an additional 507,008 shares during the period. JPMorgan Chase & Co. boosted its position in ASE Technology by 36.1% during the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after purchasing an additional 1,290,605 shares during the period. Cullen Capital Management LLC increased its holdings in ASE Technology by 0.3% in the 4th quarter. Cullen Capital Management LLC now owns 4,424,100 shares of the semiconductor company's stock valued at $44,551,000 after purchasing an additional 14,831 shares in the last quarter. Schroder Investment Management Group raised its position in ASE Technology by 0.3% in the fourth quarter. Schroder Investment Management Group now owns 4,371,391 shares of the semiconductor company's stock valued at $44,370,000 after purchasing an additional 12,767 shares during the period. Finally, Barclays PLC lifted its stake in shares of ASE Technology by 24.6% during 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 in the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Up 0.7 %

Shares of ASX stock traded up $0.07 during trading hours on Monday, reaching $9.17. The company had a trading volume of 7,382,740 shares, compared to its average volume of 8,712,420. The stock's fifty day simple moving average is $9.00 and its 200 day simple moving average is $9.77. The company has a market capitalization of $20.23 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $12.86.

ASE Technology (NYSE:ASX - Get Free Report) last posted 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). The firm 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 9.86% and a net margin of 5.44%. As a group, sell-side analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.