Kcm Investment Advisors Llc increased its stake in Edison International (NYSE:EIX) by 72.56% based on its latest 2016Q1 regulatory filing with the SEC. Kcm Investment Advisors Llc bought 55,965 shares as the company’s stock rose 21.95% with the market.
The institutional investor held 133,097 shares of the central company at the end of 2016Q1, valued at $9.57 million, up from 77,132 at the end of the previous reported quarter.
Kcm Investment Advisors Llc who had been investing in Edison International for a number of months, seems to be bullish on the $23.32B market cap company. The stock increased 1.20% or $0.85 during the last trading session, hitting $71.63. Edison International (NYSE:EIX) has risen 10.97% since October 23, 2015 and is uptrending. It has outperformed by 9.92% the S&P500.