Avantax Advisory Services Inc. Invests $82,000 in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

Avantax Advisory Services Inc. acquired a new stake in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 20,855 shares of the company’s stock, valued at approximately $82,000.

Other hedge funds also recently modified their holdings of the company. Intech Investment Management LLC bought a new position in Evolv Technologies in the third quarter valued at about $167,000. Charles Schwab Investment Management Inc. raised its holdings in Evolv Technologies by 20.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 924,153 shares of the company’s stock valued at $3,743,000 after buying an additional 158,877 shares during the last quarter. MetLife Investment Management LLC boosted its position in Evolv Technologies by 7.1% during the 3rd quarter. MetLife Investment Management LLC now owns 77,055 shares of the company’s stock worth $312,000 after buying an additional 5,090 shares during the period. Verition Fund Management LLC boosted its position in Evolv Technologies by 147.4% during the 3rd quarter. Verition Fund Management LLC now owns 40,715 shares of the company’s stock worth $165,000 after buying an additional 24,259 shares during the period. Finally, HighTower Advisors LLC grew its holdings in Evolv Technologies by 3.1% during the 3rd quarter. HighTower Advisors LLC now owns 202,680 shares of the company’s stock worth $820,000 after acquiring an additional 6,183 shares during the last quarter. Institutional investors and hedge funds own 66.65% of the company’s stock.

Evolv Technologies Stock Performance

Shares of NASDAQ EVLV opened at $3.18 on Friday. The stock has a market cap of $501.01 million, a P/E ratio of -22.71 and a beta of 1.68. The firm has a 50 day moving average price of $3.56 and a two-hundred day moving average price of $3.59. Evolv Technologies Holdings, Inc. has a 52-week low of $2.01 and a 52-week high of $5.28.

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.