Commonwealth Financial Services buys $549,836 stake in United Bancorp (UBCP)

United Bancorp (UBCP) : Commonwealth Financial Services scooped up 19,756 additional shares in United Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 21, 2016. The investment management firm now holds a total of 55,427 shares of United Bancorp which is valued at $549,836.United Bancorp makes up approximately 0.63% of Commonwealth Financial Services’s portfolio.

Other Hedge Funds, Including , Creative Planning boosted its stake in UBCP in the latest quarter, The investment management firm added 1,864 additional shares and now holds a total of 8,583 shares of United Bancorp which is valued at $84,302.

United Bancorp opened for trading at $9.8777 and hit $10 on the upside on Thursday, eventually ending the session at $10, with a gain of 0.54% or 0.0538 points. The heightened volatility saw the trading volume jump to 3,843 shares. Company has a market cap of $54 M.

United Bancorp Inc. (United Bancorp) is a bank holding company. The Company has one wholly owned subsidiary bank The Citizens Savings Bank Martins Ferry Ohio (the Bank). The Bank operates two divisions for marketing purposes The Community Bank a division of The Citizens Savings Bank and The Citizens Bank a division of The Citizens Savings Bank. The Bank serves customers in northeastern eastern southeastern and south central Ohio and is engaged in the business of commercial and retail banking in Belmont Harrison Jefferson Tuscarawas Carroll Athens Hocking and Fairfield counties and the surrounding localities. The Bank provides a range of banking and financial services which includes accepting demand savings and time deposits and granting commercial real estate and consumer loans. The Bank offers brokerage service through LPL Financial member National Association Of Securities Dealers/Securities Investor Protection Corporation (NASD/SIPC).

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