Vanguard Group Inc. Has $35.26 Million Position in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Vanguard Group Inc. grew its position in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV - Free Report) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,925,592 shares of the company's stock after purchasing an additional 238,963 shares during the period. Vanguard Group Inc. owned approximately 5.67% of Evolv Technologies worth $35,256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Autumn Glory Partners LLC bought a new stake in Evolv Technologies in the 4th quarter valued at approximately $40,000. Cibc World Markets Corp bought a new stake in shares of Evolv Technologies in the fourth quarter worth $49,000. Virtu Financial LLC acquired a new position in Evolv Technologies during the third quarter worth $63,000. Clare Market Investments LLC bought a new position in Evolv Technologies in the fourth quarter valued at $71,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in Evolv Technologies in the 4th quarter valued at $73,000. 66.65% of the stock is owned by institutional investors and hedge funds.

Evolv Technologies Trading Down 1.3 %

Shares of Evolv Technologies stock traded down $0.05 during trading hours on Friday, reaching $3.31. 1,513,300 shares of the company's stock were exchanged, compared to its average volume of 1,716,628. The stock has a market cap of $520.70 million, a P/E ratio of -23.61 and a beta of 1.68. The company has a 50 day moving average of $3.31 and a two-hundred day moving average of $3.48. Evolv Technologies Holdings, Inc. has a fifty-two week low of $2.01 and a fifty-two week high of $4.65.

Evolv Technologies Profile

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.