J.Safra Asset Management Corp Purchases New Position in ASUSTeK Computer Inc. $ASUUY

J.Safra Asset Management Corp purchased a new stake in ASUSTeK Computer Inc. (OTCMKTS:ASUUY) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 34,684 shares of the company’s stock, valued at approximately $10,036,000. ASUSTeK Computer accounts for about 0.5% of J.Safra Asset Management Corp’s portfolio, making the stock its 29th biggest position.

ASUSTeK Computer Price Performance

Shares of OTCMKTS ASUUY opened at $115.00 on Monday. The stock’s fifty day moving average price is $108.79 and its two-hundred day moving average price is $91.61. ASUSTeK Computer Inc. has a one year low of $57.73 and a one year high of $115.00.

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.