Penserra Capital Management LLC Takes $34,000 Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Penserra Capital Management LLC acquired a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASXGet Rating) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,939 shares of the semiconductor company’s stock, valued at approximately $34,000.

Other hedge funds have also made changes to their positions in the company. MGO One Seven LLC grew its holdings in ASE Technology by 12.0% in the 2nd quarter. MGO One Seven LLC now owns 15,150 shares of the semiconductor company’s stock valued at $78,000 after buying an additional 1,625 shares during the last quarter. Bank of Montreal Can grew its holdings in ASE Technology by 14.6% in the 1st quarter. Bank of Montreal Can now owns 14,713 shares of the semiconductor company’s stock valued at $107,000 after buying an additional 1,869 shares during the last quarter. Ronald Blue Trust Inc. grew its holdings in ASE Technology by 17.0% in the 3rd quarter. Ronald Blue Trust Inc. now owns 16,872 shares of the semiconductor company’s stock valued at $87,000 after buying an additional 2,452 shares during the last quarter. First Republic Investment Management Inc. grew its holdings in ASE Technology by 2.4% in the 3rd quarter. First Republic Investment Management Inc. now owns 116,888 shares of the semiconductor company’s stock valued at $583,000 after buying an additional 2,686 shares during the last quarter. Finally, Comerica Bank grew its holdings in ASE Technology by 7.7% in the 3rd quarter. Comerica Bank now owns 38,018 shares of the semiconductor company’s stock valued at $195,000 after buying an additional 2,730 shares during the last quarter. Institutional investors and hedge funds own 7.03% of the company’s stock.

ASE Technology Price Performance

Shares of NYSE:ASX opened at $7.15 on Tuesday. ASE Technology Holding Co., Ltd. has a 1-year low of $4.45 and a 1-year high of $7.70. The firm has a market capitalization of $15.60 billion, a PE ratio of 7.53 and a beta of 1.20. The business’s 50 day moving average is $7.00 and its 200-day moving average is $6.19. The company has a current ratio of 1.35, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on ASX. China Renaissance lowered ASE Technology from a “buy” rating to a “hold” rating in a report on Thursday, February 9th. StockNews.com raised ASE Technology from a “hold” rating to a “buy” rating in a report on Wednesday, November 30th.

ASE Technology Company Profile

(Get Rating)

ASE Technology Holding Co, Ltd. engages in the provision of semiconductor manufacturing services. It develops and offers complete turnkey solutions in IC (Integrated Circuit) packaging, design and production of interconnect materials, front-end engineering testing, wafer probing and final testing, as well as electronic manufacturing services.

See Also

Institutional Ownership by Quarter for ASE Technology (NYSE:ASX)

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