J.Safra Asset Management Corp Makes New $10.04 Million Investment in ASUSTeK Computer Inc. $ASUUY

J.Safra Asset Management Corp acquired a new stake in ASUSTeK Computer Inc. (OTCMKTS:ASUUY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 34,684 shares of the company’s stock, valued at approximately $10,036,000. ASUSTeK Computer accounts for approximately 0.5% of J.Safra Asset Management Corp’s holdings, making the stock its 29th largest holding.

ASUSTeK Computer Stock Performance

Shares of OTCMKTS ASUUY opened at $115.00 on Monday. ASUSTeK Computer Inc. has a 12 month low of $57.73 and a 12 month high of $115.00. The stock has a 50 day moving average of $108.79 and a 200-day moving average of $91.61.

About ASUSTeK Computer

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.