Kellett Wealth Advisors LLC Buys Shares of 10,500 Vuzix Co. (NASDAQ:VUZI)

Kellett Wealth Advisors LLC bought a new stake in shares of Vuzix Co. (NASDAQ:VUZI) during the 4th quarter, HoldingsChannel reports. The firm bought 10,500 shares of the company’s stock, valued at approximately $41,000.

Other hedge funds have also bought and sold shares of the company. Sprott Inc. purchased a new position in Vuzix during the fourth quarter valued at $39,000. Root Financial Partners LLC purchased a new position in shares of Vuzix in the 4th quarter worth approximately $41,000. Stonebridge Financial Group LLC bought a new position in Vuzix during the 4th quarter valued at about $79,000. Mount Yale Investment Advisors LLC purchased a new stake in Vuzix in the fourth quarter worth $87,000. Finally, GSA Capital Partners LLP boosted its holdings in shares of Vuzix by 312.7% in the third 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 period. Hedge funds and other institutional investors own 35.87% of the company’s stock.

Vuzix Trading Down 5.9 %

Shares of NASDAQ VUZI opened at $2.88 on Wednesday. The stock’s fifty day simple moving average is $3.93 and its two-hundred day simple moving average is $2.29. Vuzix Co. has a 12-month low of $0.83 and a 12-month high of $5.79. The stock has a market capitalization of $212.01 million, a PE ratio of -2.32 and a beta of 1.61.

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.