ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Sold by Hel Ved Capital Management Ltd

Hel Ved Capital Management Ltd trimmed its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 33.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 651,850 shares of the semiconductor company’s stock after selling 323,150 shares during the period. ASE Technology makes up 1.9% of Hel Ved Capital Management Ltd’s investment portfolio, making the stock its 15th largest holding. Hel Ved Capital Management Ltd’s holdings in ASE Technology were worth $6,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TIAA Trust National Association lifted its stake in shares of ASE Technology by 7.6% in the 4th quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company’s stock valued at $149,000 after purchasing an additional 1,054 shares in the last quarter. Allworth Financial LP grew its stake in ASE Technology by 42.5% during the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock worth $41,000 after buying an additional 1,104 shares during the period. Franklin Resources Inc. increased its position in shares of ASE Technology by 9.1% in the fourth quarter. Franklin Resources Inc. now owns 15,526 shares of the semiconductor company’s stock worth $156,000 after acquiring an additional 1,290 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in shares of ASE Technology by 5.9% in the 4th 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 during the period. Finally, Sei Investments Co. lifted its holdings in shares of ASE Technology by 0.3% during the 4th quarter. Sei Investments Co. now owns 486,170 shares of the semiconductor company’s stock valued at $4,896,000 after acquiring an additional 1,629 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Down 6.1 %

NYSE ASX opened at $7.70 on Friday. The stock has a market cap of $17.00 billion, a PE ratio of 17.12, a P/E/G ratio of 0.47 and a beta of 1.21. The business has a 50 day moving average price of $9.93 and a two-hundred day moving average price of $10.03. ASE Technology Holding Co., Ltd. has a fifty-two week low of $7.53 and a fifty-two week 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) last announced its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.