Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 360,420 shares of the company’s stock after purchasing an additional 13,870 shares during the quarter. Bank of New York Mellon Corp’s holdings in Evolv Technologies were worth $1,424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EVLV. Autumn Glory Partners LLC acquired a new position in Evolv Technologies in the fourth quarter valued at approximately $40,000. Virtu Financial LLC acquired a new position in Evolv Technologies in the third quarter valued at approximately $63,000. Verition Fund Management LLC lifted its holdings in Evolv Technologies by 147.4% in the third quarter. Verition Fund Management LLC now owns 40,715 shares of the company’s stock valued at $165,000 after acquiring an additional 24,259 shares during the period. Intech Investment Management LLC acquired a new position in Evolv Technologies in the third quarter valued at approximately $167,000. Finally, SG Americas Securities LLC lifted its holdings in Evolv Technologies by 319.1% in the fourth quarter. SG Americas Securities LLC now owns 45,770 shares of the company’s stock valued at $181,000 after acquiring an additional 34,850 shares during the period. Institutional investors and hedge funds own 66.65% of the company’s stock.

Evolv Technologies Price Performance

Evolv Technologies stock opened at $3.07 on Monday. The stock has a market capitalization of $483.68 million, a PE ratio of -21.93 and a beta of 1.68. 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 simple moving average of $3.55 and a 200-day simple moving average of $3.60.

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.