NYSE:BTI - Investment companies reduce stake in British American Tobacco

Concurrent Investment Advisors LLC recently announced a reduction in their stake of British American Tobacco p.l.c. (NYSE:BTI). This move was followed by Rakuten Securities Inc., which also sold some of their shares in the tobacco giant. On the other hand, Assetmark Inc. has maintained their position with 6.23 million shares in BTI. In addition, CWA Asset Management Group LLC has invested 1.31 million in this renowned tobacco company. This series of actions by prominent investment firms indicates the evolving market dynamics of British American Tobacco.