Manning & Napier Advisors LLC Purchases New Position in ASUSTeK Computer Inc. $ASUUY

Manning & Napier Advisors LLC acquired a new position in shares of ASUSTeK Computer Inc. (OTCMKTS:ASUUY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 69,737 shares of the company’s stock, valued at approximately $20,179,000.

Other institutional investors have also recently bought and sold shares of the company. J.Safra Asset Management Corp acquired a new stake in ASUSTeK Computer in the second quarter worth $10,036,000. Gould Asset Management LLC CA bought a new position in shares of ASUSTeK Computer during the second quarter worth $12,162,000. Finally, Foster & Motley Inc. acquired a new position in shares of ASUSTeK Computer in the 2nd quarter valued at $73,977,000. Institutional investors and hedge funds own 0.12% of the company’s stock.

ASUSTeK Computer Stock Performance

ASUUY opened at $115.00 on Tuesday. ASUSTeK Computer Inc. has a 12 month low of $57.73 and a 12 month high of $115.00. The company has a fifty day simple moving average of $110.71 and a 200 day simple moving average of $93.09.

ASUSTeK Computer Company Profile

ASUSTeK Computer Inc, commonly known as ASUS, is a Taiwanese multinational company specializing in the design and manufacture of computer hardware, electronics and related services. Founded in 1989 in Taipei by T.H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao, ASUS has grown into one of the world’s leading suppliers of motherboards, graphics cards, desktops and laptops. The company’s portfolio also extends to monitors, networking equipment, servers, workstations and accessories tailored for both consumer and enterprise markets.

ASUS is perhaps best known for its Republic of Gamers (ROG) brand, which offers high-performance products aimed at gamers and e-sports enthusiasts.