ROYAL BANCSHARES PA INC

CUSIP: 780081105 Class: CL A

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

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

Q1 2017
Shares 481,505 Value ($000) $1,878 Avg Close — Range —
Q4 2016
Shares 481,505 Value ($000) $1,998 Avg Close — Range —
Q3 2016
Shares 481,505 Value ($000) $1,136 Avg Close — Range —
Q2 2016
Shares 481,505 Value ($000) $1,088 Avg Close — Range —
Q1 2016
Shares 481,505 Value ($000) $1,026 Avg Close — Range —
Q4 2015
Shares 481,505 Value ($000) $1,006 Avg Close — Range —
Q3 2015
Shares 481,505 Value ($000) $1,021 Avg Close — Range —
Q2 2015
Shares 481,505 Value ($000) $963 Avg Close — Range —
Q1 2015
Shares 481,505 Value ($000) $843 Avg Close — Range —
Q4 2014
Shares 481,505 Value ($000) $775 Avg Close — Range —
Q3 2014
Shares 481,505 Value ($000) $775 Avg Close — Range —