HighTower Advisors LLC Has $677,000 Stake in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

HighTower Advisors LLC cut its holdings in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 15.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 171,497 shares of the company’s stock after selling 31,183 shares during the quarter. HighTower Advisors LLC owned about 0.11% of Evolv Technologies worth $677,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC boosted its position in 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 purchasing an additional 164,775 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Evolv Technologies by 14.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,820,747 shares of the company’s stock worth $11,426,000 after buying an additional 355,611 shares during the period. Charles Schwab Investment Management Inc. grew its stake 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. Wexford Capital LP bought a new position in Evolv Technologies in the 3rd quarter valued at about $810,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Evolv Technologies during the fourth quarter worth approximately $325,000. Institutional investors own 66.65% of the company’s stock.

Evolv Technologies Stock Down 5.0 %

Shares of NASDAQ:EVLV opened at $3.02 on Friday. Evolv Technologies Holdings, Inc. has a 12-month low of $2.01 and a 12-month high of $5.28. The business has a 50 day moving average of $3.55 and a 200-day moving average of $3.59. The stock has a market cap of $475.80 million, a PE ratio of -21.57 and a beta of 1.68.

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.