United Capital Financial Advisors LLC Makes New $1.77 Million Investment in 1st Capital Bancorp $FISB

United Capital Financial Advisors LLC acquired a new position in shares of 1st Capital Bancorp (OTCMKTS:FISB) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 52,344 shares of the company’s stock, valued at approximately $1,771,000.

Other hedge funds have also modified their holdings of the company. EJMK Ventures LLC purchased a new position in 1st Capital Bancorp in the second quarter valued at $383,000. Deutsche Bank AG purchased a new stake in 1st Capital Bancorp during the 2nd quarter worth about $4,057,000. BlackRock Inc. purchased a new stake in 1st Capital Bancorp during the 2nd quarter worth about $516,720,000. Denali Advisors LLC acquired a new stake in 1st Capital Bancorp in the 2nd quarter valued at about $3,576,000. Finally, Western Standard LLC acquired a new stake in 1st Capital Bancorp in the 2nd quarter valued at about $2,989,000. 8.13% of the stock is currently owned by institutional investors and hedge funds.

1st Capital Bancorp Stock Performance

Shares of FISB opened at $14.00 on Friday. 1st Capital Bancorp has a 1 year low of $9.40 and a 1 year high of $14.00. The stock has a market capitalization of $78.47 million, a PE ratio of 20.29 and a beta of 0.64. The stock has a 50-day simple moving average of $14.00 and a 200-day simple moving average of $14.00.

1st Capital Bancorp Company Profile

1st Capital Bancorp is a bank holding company based in the United States and the parent of 1st Capital Bank. The institution focuses on providing commercial and consumer banking services to small and medium-sized businesses, individuals and nonprofit organizations.

Its product portfolio encompasses deposit accounts such as checking, savings and money market accounts, alongside lending solutions that include residential mortgages, business loans, lines of credit and equipment financing.