WATERSTONE FINL INC MD

Ticker: WSBF CUSIP: 94188P101 Class: Common Stock

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

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

Q3 2017

Shares 40,000 Value ($000) $780 Avg Close $18.41 Range $17.27 - $19.95

Q2 2017

Shares 40,000 Value ($000) $754 Avg Close $18.82 Range $17.43 - $20.40

Q1 2017

Shares 40,000 Value ($000) $730 Avg Close $18.27 Range $17.30 - $19.40

Q4 2016

Shares 40,000 Value ($000) $736 Avg Close $17.66 Range $16.05 - $19.30

Q3 2016

Shares 40,000 Value ($000) $680 Avg Close $16.32 Range $15.05 - $17.16

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	40,000	$780	$18.41	$17.27 - $19.95
Q2 2017	40,000	$754	$18.82	$17.43 - $20.40
Q1 2017	40,000	$730	$18.27	$17.30 - $19.40
Q4 2016	40,000	$736	$17.66	$16.05 - $19.30
Q3 2016	40,000	$680	$16.32	$15.05 - $17.16