United Capital Financial Advisors LLC Acquires New Shares in 1st Capital Bancorp $FISB

United Capital Financial Advisors LLC bought a new stake in 1st Capital Bancorp (OTCMKTS:FISB) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 52,344 shares of the company’s stock, valued at approximately $1,771,000. United Capital Financial Advisors LLC owned 0.93% of 1st Capital Bancorp as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FISB. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of 1st Capital Bancorp during the 2nd quarter worth about $78,000. Allworth Financial LP purchased a new position in 1st Capital Bancorp during the second quarter worth about $143,000. Sanctuary Advisors LLC acquired a new stake in shares of 1st Capital Bancorp during the second quarter valued at about $200,000. Man Group plc purchased a new stake in shares of 1st Capital Bancorp in the 2nd quarter valued at approximately $244,000. Finally, OneAscent Financial Services LLC purchased a new stake in shares of 1st Capital Bancorp in the 2nd quarter valued at approximately $246,000. 8.13% of the stock is currently owned by hedge funds and other institutional investors.

1st Capital Bancorp Stock Performance

Shares of FISB stock opened at $14.00 on Friday. The firm has a market cap of $78.47 million, a P/E ratio of 20.29 and a beta of 0.64. The firm’s 50 day moving average price is $14.00 and its 200-day moving average price is $14.00. 1st Capital Bancorp has a one year low of $9.40 and a one year high 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.