Cerity Partners LLC boosted its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX – Get Rating) by 215.8% in the second quarter, Holdings Channel reports. The institutional investor owned 62,835 shares of the semiconductor company’s stock after acquiring an additional 42,941 shares during the quarter. Cerity Partners LLC’s holdings in ASE Technology were worth $324,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TIAA FSB acquired a new position in shares of ASE Technology during the 2nd quarter worth $84,000. Eqis Capital Management Inc. increased its stake in shares of ASE Technology by 461.0% during the 2nd quarter. Eqis Capital Management Inc. now owns 238,153 shares of the semiconductor company’s stock worth $1,231,000 after purchasing an additional 195,700 shares during the last quarter. Alera Investment Advisors LLC acquired a new position in shares of ASE Technology during the 2nd quarter worth $57,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of ASE Technology during the 2nd quarter worth $2,354,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of ASE Technology by 11.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,830,094 shares of the semiconductor company’s stock worth $9,462,000 after purchasing an additional 188,048 shares during the last quarter. Hedge funds and other institutional investors own 6.57% of the company’s stock.
ASE Technology Stock Performance
Shares of ASX opened at $6.34 on Monday. ASE Technology Holding Co., Ltd. has a 12 month low of $4.45 and a 12 month high of $8.15. The company’s fifty day moving average is $5.35 and its 200-day moving average is $5.84. The company has a quick ratio of 0.85, a current ratio of 1.22 and a debt-to-equity ratio of 0.42. The firm has a market cap of $13.82 billion, a price-to-earnings ratio of 5.20, a price-to-earnings-growth ratio of 0.32 and a beta of 1.11.
Wall Street Analysts Forecast Growth
About ASE Technology
ASE Technology Holding Co, Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It offers packaging services, including flip chip ball grid array (BGA) and chip scale package (CSP), advanced chip scale packages, quad flat packages, low profile and thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs, and 3D chip packages; stacked die solutions in various packages; and copper and silver wire bonding solutions.
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