Mittelman Wealth Management recently added Evolv Technologies Holdings as its 6th-largest position, acquiring 1,511,866 shares valued at $11.41 million, according to a filing with the SEC on Nov. 17, 2025.
This move marks a significant new investment for Mittelman, with Evolv Technologies now representing 7.47% of the fund’s reportable U.S. equity assets. The company’s top holdings include Vanguard Dividend Appreciation ETF, Vanguard High Dividend Yield ETF, Vanguard FTSE Developed Markets ETF, Vanguard Emerging Markets ETF, and Vanguard S&P 500 ETF.
Evolv Technologies provides AI-based touchless security screening systems that detect weapons and threats in high-traffic venues. With a focus on enhancing security in various sectors such as entertainment, education, and healthcare, the company’s innovative solutions have gained traction in the market.
Overall, Mittelman’s decision to invest in Evolv Technologies reflects the growth potential and societal impact of the security industry. With a strong financial performance and promising outlook, Evolv Technologies presents an appealing opportunity for investors looking to capitalize on its innovative technology and market potential.
