GRAND CANYON ED INC

Ticker: LOPE CUSIP: 38526M106 Class: COM

Systematic Alpha Investments, LLC's Holding History (CIK: 0001806755)

Note: Option positions (PUT/CALL) are excluded.

Q3 2021

Shares 155 Value ($000) $12 Avg Close $89.06 Range $83.01 - $96.53

Q2 2021

Shares 155 Value ($000) $14 Avg Close $98.83 Range $87.00 - $115.96

Q1 2021

Shares 155 Value ($000) $17 Avg Close $99.33 Range $82.65 - $114.48

Q4 2020

Shares 155 Value ($000) $14 Avg Close $85.36 Range $75.64 - $95.80

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2021	155	$12	$89.06	$83.01 - $96.53
Q2 2021	155	$14	$98.83	$87.00 - $115.96
Q1 2021	155	$17	$99.33	$82.65 - $114.48
Q4 2020	155	$14	$85.36	$75.64 - $95.80