PENN NATL GAMING INC

Ticker: PENN CUSIP: 707569109 Class: Common Stock

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

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

Q3 2018

Shares 14,517 Value ($000) $478 Avg Close $33.28 Range $30.09 - $36.90

Q2 2018

Shares 12,382 Value ($000) $416 Avg Close $31.24 Range $24.78 - $36.29

Q1 2018

Shares 11,101 Value ($000) $292 Avg Close $28.89 Range $25.36 - $33.30

Q3 2015

Shares 569 Value ($000) $10 Avg Close $18.28 Range $15.90 - $20.23

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	14,517	$478	$33.28	$30.09 - $36.90
Q2 2018	12,382	$416	$31.24	$24.78 - $36.29
Q1 2018	11,101	$292	$28.89	$25.36 - $33.30
Q3 2015	569	$10	$18.28	$15.90 - $20.23