British American Tobacco Plc (BTI) Position Raised by Etrade Capital Management Llc

April 23, 2018 - By Michael Collier

British American Tobacco p.l.c. (NYSE:BTI) Logo

Etrade Capital Management Llc increased its stake in British American Tobacco Plc (BTI) by 152.89% based on its latest 2017Q4 regulatory filing with the SEC. Etrade Capital Management Llc bought 48,015 shares as the company’s stock declined 16.55% with the market. The institutional investor held 79,419 shares of the farming and seeds and milling company at the end of 2017Q4, valued at $5.32 million, up from 31,404 at the end of the previous reported quarter. Etrade Capital Management Llc who had been investing in British American Tobacco Plc for a number of months, seems to be bullish on the $107.98 billion market cap company. The stock increased 0.60% or $0.31 during the last trading session, reaching $52.08. About 546,162 shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has declined 15.61% since April 23, 2017 and is downtrending. It has underperformed by 27.16% the S&P500.

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