State Street Corp Sells 12,600 Shares of Vuzix Co. (NASDAQ:VUZI)

State Street Corp lowered its position in Vuzix Co. (NASDAQ:VUZI) by 5.7% in the third quarter, Holdings Channel.com reports. The fund owned 207,298 shares of the company’s stock after selling 12,600 shares during the period. State Street Corp’s holdings in Vuzix were worth $243,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VUZI. Renaissance Technologies LLC raised its stake in shares of Vuzix by 24.2% in the second quarter. Renaissance Technologies LLC now owns 65,200 shares of the company’s stock valued at $88,000 after purchasing an additional 12,700 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Vuzix in the 2nd quarter valued at $32,000. Sei Investments Co. bought a new position in shares of Vuzix during the 2nd quarter worth about $33,000. ProShare Advisors LLC boosted its position in shares of Vuzix by 22.3% during the 2nd quarter. ProShare Advisors LLC now owns 149,543 shares of the company’s stock valued at $202,000 after acquiring an additional 27,307 shares in the last quarter. Finally, Point72 DIFC Ltd bought a new stake in Vuzix in the second quarter valued at about $42,000. Institutional investors and hedge funds own 35.87% of the company’s stock.

Vuzix Stock Up 6.0 %

Shares of VUZI opened at $4.39 on Friday. The company has a 50-day moving average price of $2.51 and a two-hundred day moving average price of $1.63. The stock has a market cap of $323.17 million, a price-to-earnings ratio of -3.54 and a beta of 1.75. Vuzix Co. has a 12 month low of $0.83 and a 12 month high of $5.49.

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.