MFG Wealth Management Inc. Takes Position in Vuzix Co. (NASDAQ:VUZI)

MFG Wealth Management Inc. acquired a new stake in Vuzix Co. (NASDAQ:VUZI - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 272,808 shares of the company's stock, valued at approximately $1,075,000. MFG Wealth Management Inc. owned approximately 0.37% of Vuzix at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC acquired a new stake in shares of Vuzix during the 4th quarter worth $79,000. Mount Yale Investment Advisors LLC acquired a new stake in shares of Vuzix during the 4th quarter worth $87,000. Geode Capital Management LLC grew its holdings in shares of Vuzix by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 673,462 shares of the company's stock worth $788,000 after purchasing an additional 25,540 shares in the last quarter. GSA Capital Partners LLP grew its holdings in shares of Vuzix by 312.7% during the 3rd quarter. GSA Capital Partners LLP now owns 502,200 shares of the company's stock worth $588,000 after purchasing an additional 380,517 shares in the last quarter. Finally, Taylor Frigon Capital Management LLC grew its holdings in shares of Vuzix by 85.5% during the 3rd quarter. Taylor Frigon Capital Management LLC now owns 667,230 shares of the company's stock worth $781,000 after purchasing an additional 307,599 shares in the last quarter. 35.87% of the stock is owned by institutional investors and hedge funds.

Vuzix Stock Performance

Shares of VUZI traded up $0.10 during trading hours on Friday, hitting $4.38. 1,685,115 shares of the company were exchanged, compared to its average volume of 1,896,694. Vuzix Co. has a fifty-two week low of $0.83 and a fifty-two week high of $5.79. The firm's fifty day moving average is $3.87 and its 200 day moving average is $2.16.

Vuzix Company Profile

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.