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 fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 272,808 shares of the company’s stock, valued at approximately $1,075,000. MFG Wealth Management Inc. owned 0.37% of Vuzix as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VUZI. Cubist Systematic Strategies LLC acquired a new stake in shares of Vuzix during the second quarter worth $57,000. Stonebridge Financial Group LLC bought a new position in shares of Vuzix in the 4th quarter valued at about $79,000. Mount Yale Investment Advisors LLC acquired a new position in Vuzix during the fourth quarter worth approximately $87,000. 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 valued at $588,000 after purchasing an additional 380,517 shares during the last quarter. Finally, Taylor Frigon Capital Management LLC grew its stake in Vuzix by 85.5% in the 3rd quarter. Taylor Frigon Capital Management LLC now owns 667,230 shares of the company’s stock valued at $781,000 after buying an additional 307,599 shares during the last quarter. Institutional investors own 35.87% of the company’s stock.

Vuzix Price Performance

VUZI opened at $4.17 on Thursday. The stock has a fifty day moving average of $3.80 and a 200-day moving average of $2.11. Vuzix Co. has a fifty-two week low of $0.83 and a fifty-two week high of $5.79.

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.