Charles Schwab Investment Management Inc. Has $3.85 Million Stock Holdings in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Charles Schwab Investment Management Inc. raised its stake in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 974,520 shares of the company’s stock after buying an additional 50,367 shares during the period. Charles Schwab Investment Management Inc. owned 0.62% of Evolv Technologies worth $3,849,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EVLV. Barclays PLC increased its holdings in shares of Evolv Technologies by 352.3% during the third quarter. Barclays PLC now owns 211,551 shares of the company’s stock worth $856,000 after buying an additional 164,775 shares in the last quarter. Geode Capital Management LLC increased its holdings in Evolv Technologies by 14.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,820,747 shares of the company’s stock worth $11,426,000 after purchasing an additional 355,611 shares in the last quarter. Wexford Capital LP acquired a new position in Evolv Technologies in the 3rd quarter worth about $810,000. Ameritas Advisory Services LLC bought a new position in Evolv Technologies in the fourth quarter valued at about $325,000. Finally, State Street Corp boosted its stake in shares of Evolv Technologies by 3.0% during the third quarter. State Street Corp now owns 2,663,078 shares of the company’s stock valued at $10,785,000 after purchasing an additional 78,775 shares in the last quarter. Institutional investors and hedge funds own 66.65% of the company’s stock.

Evolv Technologies Trading Up 0.3 %

NASDAQ:EVLV opened at $3.10 on Thursday. The stock’s 50-day moving average is $3.55 and its 200-day moving average is $3.59. The stock has a market cap of $488.41 million, a P/E ratio of -22.14 and a beta of 1.68. Evolv Technologies Holdings, Inc. has a 1-year low of $2.01 and a 1-year high of $5.28.

Evolv Technologies Company 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.