ASHFORD HOSPITALITY PRIME IN

CUSIP: 044102101 Class: COM

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

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

Q3 2017
Shares 64,420 Value ($000) $612 Avg Close — Range —
Q2 2017
Shares 64,420 Value ($000) $663 Avg Close — Range —
Q1 2017
Shares 46,140 Value ($000) $490 Avg Close — Range —
Q4 2016
Shares 46,140 Value ($000) $630 Avg Close — Range —
Q3 2015
Shares 37,750 Value ($000) $533 Avg Close — Range —