CIBC Asset Management Inc grew its position in shares of Philip Morris International Inc. ( NYSE:PM – Get Rating ) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 324,765 shares of the company's stock after purchasing an additional 5,892 shares during the period. CIBC Asset Management Inc's holdings in Philip Morris International were worth $32,867,000 at the end of the most recent quarter. A number of other hedge funds have also recently made changes to their positions in PM.

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