PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

Apriem Advisors's Holding History (CIK: 0001425165)

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

Q2 2014

Shares 750 Value ($000) $22 Avg Close $27.94 Range $26.19 - $29.33

Q1 2014

Shares 750 Value ($000) $20 Avg Close $25.30 Range $23.53 - $27.25

Q4 2013

Shares 750 Value ($000) $18 Avg Close $23.39 Range $22.02 - $24.53

Q3 2013

Shares 750 Value ($000) $17 Avg Close $22.75 Range $21.11 - $24.39

Q2 2013

Shares 750 Value ($000) $17 Avg Close $22.83 Range $21.11 - $24.01

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	750	$22	$27.94	$26.19 - $29.33
Q1 2014	750	$20	$25.30	$23.53 - $27.25
Q4 2013	750	$18	$23.39	$22.02 - $24.53
Q3 2013	750	$17	$22.75	$21.11 - $24.39
Q2 2013	750	$17	$22.83	$21.11 - $24.01