PENN VA CORP

CUSIP: 707882106 Class: COMMON STOCK

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2014
Shares 700,808 Value ($000) $8,907 Avg Close — Range —
Q2 2014
Shares 790,385 Value ($000) $13,397 Avg Close — Range —