Context Bh Capital Management Lp buys $825,137 stake in 1st Constitution Bancorp (FCCY)

1st Constitution Bancorp (FCCY) : Context Bh Capital Management Lp scooped up 46,730 additional shares in 1st Constitution Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 65,079 shares of 1st Constitution Bancorp which is valued at $825,137.1st Constitution Bancorp makes up approximately 0.58% of Context Bh Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management boosted its stake in FCCY in the latest quarter, The investment management firm added 67 additional shares and now holds a total of 153 shares of 1st Constitution Bancorp which is valued at $1,906.

1st Constitution Bancorp opened for trading at $12.78 and hit $12.86 on the upside on Monday, eventually ending the session at $12.8289, with a gain of 1.90% or 0.2388 points. The heightened volatility saw the trading volume jump to 4,696 shares. Company has a market cap of $102 M.

1st Constitution Bancorp is a bank holding company for 1st Constitution Bank (the Bank). The Bank is a commercial bank which is engaged in the business of commercial and retail banking. As a community bank the Bank offers a range of services including demand savings and time deposits and commercial and consumer/installment loans to individuals small businesses and not-for-profit organizations principally in the Fort Lee area of Bergen County and in Middlesex Mercer Somerset and Monmouth Counties of New Jersey. The Bank’s Mortgage Warehouse Funding Group offers revolving lines of credit that are available to licensed mortgage banking companies (the Warehouse Line of Credit). The Bank’s lending activities include both commercial and consumer loans.

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