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Piermont Capital Management Inc.
> ECHO
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2018 | ELECTRONIC CLEARING HOUSE INC | ECHO | 86,613 | -950 | 1,761,000 | -949,000 | $20.33 |
| 09/30/2018 | ELECTRONIC CLEARING HOUSE INC | ECHO | 87,563 | -3,819 | 2,710,000 | 37,000 | $30.95 |
| 06/30/2018 | ELECTRONIC CLEARING HOUSE INC | ECHO | 91,382 | 14,130 | 2,673,000 | 541,000 | $29.25 |
| 03/31/2018 | ELECTRONIC CLEARING HOUSE INC | ECHO | 77,252 | 77,252 | 2,132,000 | 2,132,000 | $27.60 |
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