MFG Wealth Management Inc. Invests $1.08 Million in Vuzix Co. (NASDAQ:VUZI)

MFG Wealth Management Inc. bought a new position in shares of Vuzix Co. (NASDAQ:VUZI) in the 4th quarter, Holdings Channel reports. The fund bought 272,808 shares of the company’s stock, valued at approximately $1,075,000.

Several other hedge funds also recently modified their holdings of the stock. Stonebridge Financial Group LLC bought a new stake in shares of Vuzix in the 4th quarter worth $79,000. Mount Yale Investment Advisors LLC purchased a new position in shares of Vuzix in the fourth quarter worth about $87,000. Geode Capital Management LLC raised its holdings in Vuzix by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 673,462 shares of the company’s stock valued at $788,000 after acquiring an additional 25,540 shares during the period. GSA Capital Partners LLP lifted its holdings in 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 lifted its holdings in shares of Vuzix by 85.5% in the third quarter. Taylor Frigon Capital Management LLC now owns 667,230 shares of the company’s stock worth $781,000 after buying an additional 307,599 shares in the last quarter. Institutional investors own 35.87% of the company’s stock.

Vuzix Stock Performance

Shares of NASDAQ VUZI opened at $4.17 on Thursday. Vuzix Co. has a twelve month low of $0.83 and a twelve month high of $5.79. The stock’s 50-day simple moving average is $3.80 and its two-hundred day simple moving average is $2.11.

Vuzix 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.