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Forex

RBC Doubles Down on British American Tobacco with $141 Million Stake

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada (RBC) has increased its holdings in British American Tobacco p.l.c. (BTI), acquiring an additional 369,993 shares during the first quarter, according to its recent SEC filing.

The firm's total stock position in BTI now stands at $141.12 million, representing a growth of 18.1% from its previous holdings.

This is not the only significant development regarding BTI's institutional ownership, as several other hedge funds have also made notable transactions during the quarter.

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