Grantham Mayo Van Otterloo & Co. LLC Has $494,000 Stock Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Grantham Mayo Van Otterloo & Co. LLC lessened its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 95.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,092 shares of the semiconductor company's stock after selling 958,053 shares during the period. Grantham Mayo Van Otterloo & Co. LLC's holdings in ASE Technology were worth $494,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. TIAA Trust National Association raised its position in shares of ASE Technology by 7.6% in the fourth 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 during the period. Allworth Financial LP grew its position in shares of ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 1,104 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of ASE Technology by 9.1% during the fourth quarter. Franklin Resources Inc. now owns 15,526 shares of the semiconductor company's stock worth $156,000 after purchasing an additional 1,290 shares during the period. Aaron Wealth Advisors LLC lifted its holdings in ASE Technology by 5.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company's stock worth $246,000 after purchasing an additional 1,370 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in ASE Technology by 0.3% in the 4th quarter. Sei Investments Co. now owns 486,170 shares of the semiconductor company's stock valued at $4,896,000 after purchasing an additional 1,629 shares during the period. 6.80% of the stock is currently owned by institutional investors and hedge funds.

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ASE Technology Stock Performance

ASX stock traded down $0.04 during trading hours on Monday, hitting $8.26. 3,247,494 shares of the stock were exchanged, compared to its average volume of 11,300,889. The company has a 50-day simple moving average of $9.65 and a two-hundred day simple moving average of $9.92. The firm has a market capitalization of $18.23 billion, a P/E ratio of 18.36, a P/E/G ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 12 month low of $6.94 and a 12 month high of $12.86. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40.

ASE Technology (NYSE:ASX - Get Free Report) last announced its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. On average, analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Profile

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.