Alexco Resource Corp. (NYSE:AXU): A Detailed Look at its Institutional Ownership

Alexco Resource Corp. (NYSE:AXU) produced a 11.82% rally since recording the worst price of $1.10. Thanks to the latest 10.81% increase, it now trades at $1.23. Throughout the trading on 10/31/2017, the share price floated between $1.1 and $1.25. This company shares are 105.69% off its target price of $2.53 and the current market capitalization stands at $124.49M. The recent change has given its price a -17.86% deficit over SMA 50 and -39.71% deficit over its 52-week high. The stock witnessed -15.17% declines, -10.22% declines and -8.21% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AXU’s volatility during a week at 8.09% and during a month it has been found around 5.33%.

In an upcoming event, it will release its third quarter 2017 financial results after close of market trading on Thursday, November 2, 2017 followed by an audio webcast conference call to review those results at 12:00 p.m. Eastern (9:00 a.m. Pacific) on Friday, November 3, 2017.

Alexco Resource Corp. (AXU) Top Holders

Institutional investors currently hold around $5 million or 34% in AXU stock. Look at its top three institutional owners. Etf Managers Group, Llc owns $1.57 million in Alexco Resource Corp., which represents roughly 1.26% of the company’s market cap and approximately 31.44% of the institutional ownership. Similar statistics are true for the second largest owner, Global X Management Co Llc, which owns 1,071,360 shares of the stock are valued at $1.19 million. The third largest holder is Pathstone Family Office, Llc, which currently holds $793 thousand worth of this stock and that ownership represents nearly 0.64% of its market capitalization.

Alexco Resource Corp. 13F Filings

At the end of 06/30/2017 reporting period, 6 institutional holders increased their position in Alexco Resource Corp. (NYSE:AXU) by some 771,241 shares, 18 decreased positions by 553,021 and 11 held positions by 3,237,344. That puts total institutional holdings at 4,561,606 shares, according to SEC filings. The stock grabbed 3 new institutional investments totaling 30,462 shares while 7 institutional investors sold out their entire positions totaling 103,593 shares.

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