Empowered Funds LLC Purchases New Holdings in 1st Capital Bancorp $FISB

Empowered Funds LLC acquired a new position in 1st Capital Bancorp (OTCMKTS:FISB) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 464,525 shares of the company’s stock, valued at approximately $15,715,000. Empowered Funds LLC owned 0.08% of 1st Capital Bancorp as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of 1st Capital Bancorp in the 2nd quarter valued at $78,000. Allworth Financial LP acquired a new position in shares of 1st Capital Bancorp during the second quarter valued at $143,000. Sanctuary Advisors LLC acquired a new position in shares of 1st Capital Bancorp during the second quarter valued at $200,000. Man Group plc bought a new position in 1st Capital Bancorp in the second quarter valued at about $244,000. Finally, OneAscent Financial Services LLC bought a new position in 1st Capital Bancorp in the second quarter valued at about $246,000. Institutional investors and hedge funds own 8.13% of the company’s stock.

1st Capital Bancorp Price Performance

Shares of FISB stock opened at $14.00 on Friday. The firm has a market cap of $78.47 million, a price-to-earnings ratio of 20.29 and a beta of 0.64. 1st Capital Bancorp has a 12 month low of $9.40 and a 12 month high of $14.00. The stock has a 50-day moving average price of $14.00 and a 200 day moving average price of $14.00.

About 1st Capital Bancorp

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.