Kestra Private Wealth Services LLC Invests $732,000 in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Kestra Private Wealth Services LLC acquired a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 72,665 shares of the semiconductor company’s stock, valued at approximately $732,000.

A number of other institutional investors have also made changes to their positions in ASX. Mirae Asset Global Investments Co. Ltd. acquired a new position in ASE Technology during the fourth quarter valued at approximately $710,000. Ninety One UK Ltd grew its stake in ASE Technology by 14.9% in the 4th quarter. Ninety One UK Ltd now owns 123,071 shares of the semiconductor company’s stock valued at $1,239,000 after buying an additional 15,926 shares during the last quarter. Ninety One North America Inc. grew its stake in ASE Technology by 14.5% in the 4th quarter. Ninety One North America Inc. now owns 291,430 shares of the semiconductor company’s stock valued at $2,935,000 after buying an additional 36,801 shares during the last quarter. First Affirmative Financial Network raised its holdings in ASE Technology by 17.8% in the 4th quarter. First Affirmative Financial Network now owns 18,063 shares of the semiconductor company’s stock worth $182,000 after acquiring an additional 2,733 shares during the period. Finally, R Squared Ltd acquired a new position in ASE Technology during the 4th quarter worth $51,000. 6.80% of the stock is owned by institutional investors.

ASE Technology Trading Up 0.3 %

Shares of NYSE:ASX opened at $10.85 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.89 and a current ratio of 1.18. The stock’s 50-day moving average is $10.29 and its 200-day moving average is $9.96. The company has a market cap of $23.81 billion, a P/E ratio of 24.10, a P/E/G ratio of 0.42 and a beta of 1.17. ASE Technology Holding Co., Ltd. has a 52-week low of $8.10 and a 52-week high of $12.86.

ASE Technology (NYSE:ASX) last issued its quarterly 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 return on equity of 10.05% and a net margin of 5.47%. Equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.48 earnings per share for the current 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.