ExodusPoint Capital Management LP Invests $147,000 in Evolv Technologies Holdings, Inc. (NASDAQ:EVLV)

ExodusPoint Capital Management LP acquired a new position in shares of Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,220 shares of the company’s stock, valued at approximately $147,000.

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Evolv Technologies by 2.8% during the 4th quarter. Vanguard Group Inc. now owns 8,925,592 shares of the company’s stock valued at $35,256,000 after buying an additional 238,963 shares during the period. Edge Capital Group LLC grew its holdings in shares of Evolv Technologies by 0.8% during the 4th quarter. Edge Capital Group LLC now owns 4,835,206 shares of the company’s stock worth $19,099,000 after purchasing an additional 36,400 shares during the period. Geode Capital Management LLC increased its position in shares of Evolv Technologies by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 2,856,173 shares of the company’s stock worth $11,284,000 after purchasing an additional 35,426 shares during the last quarter. State Street Corp lifted its position in Evolv Technologies by 3.0% in the third quarter. State Street Corp now owns 2,663,078 shares of the company’s stock valued at $10,785,000 after buying an additional 78,775 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Evolv Technologies by 2,428.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,527,979 shares of the company’s stock worth $6,036,000 after buying an additional 1,467,538 shares during the period. 66.65% of the stock is owned by hedge funds and other institutional investors.

Evolv Technologies Stock Performance

Shares of EVLV stock opened at $3.44 on Tuesday. The firm has a market cap of $541.97 million, a P/E ratio of -24.57 and a beta of 1.68. The firm’s 50 day moving average price is $3.37 and its 200-day moving average price is $3.49. Evolv Technologies Holdings, Inc. has a one year low of $2.01 and a one year high of $4.65.

About Evolv Technologies

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.