Bank of America Corp DE Has $74.97 Million Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Bank of America Corp DE trimmed its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 6.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,445,109 shares of the semiconductor company's stock after selling 516,261 shares during the quarter. Bank of America Corp DE owned 0.34% of ASE Technology worth $74,972,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ASX. TIAA Trust National Association lifted its position in shares of ASE Technology by 7.6% in the 4th quarter. TIAA Trust National Association now owns 14,846 shares of the semiconductor company's stock worth $149,000 after purchasing an additional 1,054 shares during the period. Allworth Financial LP lifted its holdings in 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 buying an additional 1,104 shares during the period. Franklin Resources Inc. boosted its position in ASE Technology by 9.1% during the fourth quarter. Franklin Resources Inc. now owns 15,526 shares of the semiconductor company's stock valued at $156,000 after acquiring an additional 1,290 shares during the last quarter. United Capital Financial Advisors LLC grew its holdings in ASE Technology by 12.2% during the 4th quarter. United Capital Financial Advisors LLC now owns 12,298 shares of the semiconductor company's stock worth $124,000 after acquiring an additional 1,338 shares during the period. Finally, Aaron Wealth Advisors LLC grew 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 acquiring an additional 1,370 shares during the period. Institutional investors own 6.80% of the company's stock.

ASE Technology Trading Down 1.8%

ASX stock traded down $0.19 during mid-day trading on Friday, reaching $9.98. The company's stock had a trading volume of 8,918,765 shares, compared to its average volume of 9,013,586. 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. The business's 50 day moving average price is $8.91 and its 200 day moving average price is $9.73. The company has a market cap of $22.02 billion, a price-to-earnings ratio of 22.17, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20.

ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.02). The company had revenue of $4.59 billion for the quarter, compared to analyst estimates of $143.62 billion. ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. On average, equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current 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.