Fsi Group buys $2,979,060 stake in Cascade Bancorp (CACB)

Cascade Bancorp (CACB) : Fsi Group scooped up 295,263 additional shares in Cascade Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 519,000 shares of Cascade Bancorp which is valued at $2,979,060.Cascade Bancorp makes up approximately 1.74% of Fsi Group’s portfolio.

Other Hedge Funds, Including , Credit Suisse Ag boosted its stake in CACB in the latest quarter, The investment management firm added 6,718 additional shares and now holds a total of 20,775 shares of Cascade Bancorp which is valued at $119,249. Sg Americas Securities added CACB to its portfolio by purchasing 13,199 company shares during the most recent quarter which is valued at $73,122.

Cascade Bancorp (CACB) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $6 and reached the intraday high at $6.01. The bulls started the profit booking and pushed the shares to intraday low of $5.99. The trading session was marked by a volume range of 72,218 shares exchanging hands. The 52-week high of the shares is $6.25 and the 52-week low is $5.01. The market cap of the company stands at $457 M and there are 7,62,42,859 shares in public circulation.

Cascade Bancorp (Bancorp) is a bank holding company. Bancorp and its wholly owned subsidiary Bank of the Cascades (the Bank) (the Bancorp and the Bank are collectively known as Cascade or the Company). The Bank offers a range of commercial and retail banking services to its customers through a network of around 40 branches serving communities in Central Southern and Northwest Oregon as well as in the greater Boise/Treasure Valley Idaho area. The Bank offers commercial real estate loans real estate construction and development loans and commercial and industrial loans as well as consumer installment line-of-credit credit card and home equity loans. The Bank provides consumer and business deposit services including checking money market and time deposit accounts and related payment services Internet banking electronic bill payment and remote deposits. The Bank also provides trust and investment related services to its clientele.

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