ARROW ELECTRS INC

Ticker: ARW CUSIP: 042735100 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q1 2020

Shares 15,420 Value ($000) $800 Avg Close $71.05 Range $39.25 - $85.80

Q4 2019

Shares 15,420 Value ($000) $1,307 Avg Close $79.53 Range $71.27 - $85.65

Q3 2019

Shares 15,250 Value ($000) $1,137 Avg Close $70.71 Range $63.87 - $77.86

Q2 2019

Shares 15,700 Value ($000) $1,119 Avg Close $73.69 Range $62.35 - $86.62

Q1 2019

Shares 15,530 Value ($000) $1,197 Avg Close $76.74 Range $66.50 - $83.03

Q4 2018

Shares 21,000 Value ($000) $1,448 Avg Close $71.12 Range $62.69 - $79.13

Q2 2018

Shares 20,530 Value ($000) $1,545 Avg Close $76.09 Range $72.31 - $79.68

Q1 2018

Shares 27,250 Value ($000) $2,099 Avg Close $81.12 Range $73.93 - $87.26

Q4 2017

Shares 26,690 Value ($000) $2,146 Avg Close $80.35 Range $76.68 - $84.35

Q3 2017

Shares 26,690 Value ($000) $2,146 Avg Close $78.99 Range $73.71 - $84.53

Q2 2017

Shares 34,290 Value ($000) $2,689 Avg Close $74.71 Range $69.67 - $80.35

Q1 2017

Shares 41,520 Value ($000) $3,048 Avg Close $73.22 Range $68.55 - $75.88

Q4 2016

Shares 41,790 Value ($000) $2,980 Avg Close $66.14 Range $58.52 - $73.15

Q3 2016

Shares 41,140 Value ($000) $2,632 Avg Close $64.59 Range $58.66 - $67.67

Q2 2016

Shares 40,520 Value ($000) $2,508 Avg Close $63.49 Range $58.09 - $68.07

Q1 2016

Shares 30,310 Value ($000) $1,952 Avg Close $55.49 Range $45.23 - $64.59

Q4 2015

Shares 30,230 Value ($000) $1,638 Avg Close $57.00 Range $52.44 - $60.04

Q3 2015

Shares 30,650 Value ($000) $1,694 Avg Close $55.52 Range $47.57 - $59.50

Q2 2015

Shares 30,130 Value ($000) $1,681 Avg Close $60.78 Range $55.75 - $64.05

Q1 2015

Shares 29,400 Value ($000) $1,798 Avg Close $59.50 Range $53.95 - $64.98

Q4 2014

Shares 32,090 Value ($000) $1,858 Avg Close $55.61 Range $45.47 - $59.82

Q3 2014

Shares 28,300 Value ($000) $1,566 Avg Close $60.32 Range $55.07 - $63.78

Q2 2014

Shares 27,900 Value ($000) $1,685 Avg Close $58.26 Range $53.78 - $61.20

Q1 2014

Shares 27,900 Value ($000) $1,656 Avg Close $54.43 Range $47.75 - $59.51

Q4 2013

Shares 27,500 Value ($000) $1,492 Avg Close $50.81 Range $46.78 - $54.53

Q3 2013

Shares 17,200 Value ($000) $835 Avg Close $45.83 Range $39.58 - $49.09

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	15,420	$800	$71.05	$39.25 - $85.80
Q4 2019	15,420	$1,307	$79.53	$71.27 - $85.65
Q3 2019	15,250	$1,137	$70.71	$63.87 - $77.86
Q2 2019	15,700	$1,119	$73.69	$62.35 - $86.62
Q1 2019	15,530	$1,197	$76.74	$66.50 - $83.03
Q4 2018	21,000	$1,448	$71.12	$62.69 - $79.13
Q2 2018	20,530	$1,545	$76.09	$72.31 - $79.68
Q1 2018	27,250	$2,099	$81.12	$73.93 - $87.26
Q4 2017	26,690	$2,146	$80.35	$76.68 - $84.35
Q3 2017	26,690	$2,146	$78.99	$73.71 - $84.53
Q2 2017	34,290	$2,689	$74.71	$69.67 - $80.35
Q1 2017	41,520	$3,048	$73.22	$68.55 - $75.88
Q4 2016	41,790	$2,980	$66.14	$58.52 - $73.15
Q3 2016	41,140	$2,632	$64.59	$58.66 - $67.67
Q2 2016	40,520	$2,508	$63.49	$58.09 - $68.07
Q1 2016	30,310	$1,952	$55.49	$45.23 - $64.59
Q4 2015	30,230	$1,638	$57.00	$52.44 - $60.04
Q3 2015	30,650	$1,694	$55.52	$47.57 - $59.50
Q2 2015	30,130	$1,681	$60.78	$55.75 - $64.05
Q1 2015	29,400	$1,798	$59.50	$53.95 - $64.98
Q4 2014	32,090	$1,858	$55.61	$45.47 - $59.82
Q3 2014	28,300	$1,566	$60.32	$55.07 - $63.78
Q2 2014	27,900	$1,685	$58.26	$53.78 - $61.20
Q1 2014	27,900	$1,656	$54.43	$47.75 - $59.51
Q4 2013	27,500	$1,492	$50.81	$46.78 - $54.53
Q3 2013	17,200	$835	$45.83	$39.58 - $49.09