ILLINOIS TOOL WKS INC

Ticker: ITW CUSIP: 452308109 Class: COM

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

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

Q2 2020

Shares 9,080 Value ($000) $1,588 Avg Close $142.90 Range $116.56 - $161.60

Q1 2020

Shares 12,220 Value ($000) $1,736 Avg Close $147.58 Range $100.67 - $165.72

Q4 2019

Shares 12,220 Value ($000) $2,195 Avg Close $146.29 Range $126.07 - $157.39

Q3 2019

Shares 12,220 Value ($000) $1,912 Avg Close $130.19 Range $122.69 - $138.62

Q2 2019

Shares 12,190 Value ($000) $1,838 Avg Close $128.58 Range $116.59 - $135.13

Q1 2019

Shares 11,380 Value ($000) $1,634 Avg Close $117.01 Range $103.65 - $124.26

Q4 2018

Shares 15,500 Value ($000) $1,964 Avg Close $110.50 Range $98.77 - $121.67

Q2 2018

Shares 8,080 Value ($000) $1,119 Avg Close $122.64 Range $114.08 - $132.71

Q1 2018

Shares 25,790 Value ($000) $4,040 Avg Close $136.85 Range $126.80 - $147.59

Q4 2017

Shares 25,790 Value ($000) $4,303 Avg Close $130.85 Range $121.38 - $139.21

Q3 2017

Shares 24,720 Value ($000) $3,658 Avg Close $116.05 Range $110.22 - $121.46

Q2 2017

Shares 27,000 Value ($000) $3,868 Avg Close $113.32 Range $105.74 - $122.08

Q1 2017

Shares 25,790 Value ($000) $3,417 Avg Close $104.58 Range $97.05 - $109.96

Q4 2016

Shares 25,790 Value ($000) $3,158 Avg Close $97.16 Range $89.66 - $102.92

Q3 2016

Shares 24,790 Value ($000) $2,970 Avg Close $92.87 Range $82.44 - $98.77

Q2 2016

Shares 24,750 Value ($000) $2,591 Avg Close $83.28 Range $78.19 - $87.12

Q1 2016

Shares 18,630 Value ($000) $1,919 Avg Close $73.25 Range $62.61 - $81.90

Q4 2015

Shares 18,520 Value ($000) $1,727 Avg Close $71.40 Range $63.03 - $74.70

Q3 2015

Shares 18,490 Value ($000) $1,532 Avg Close $68.35 Range $61.54 - $73.68

Q2 2015

Shares 20,930 Value ($000) $1,921 Avg Close $73.98 Range $71.31 - $77.64

Q1 2015

Shares 10,700 Value ($000) $1,045 Avg Close $74.54 Range $69.91 - $77.42

Q4 2014

Shares 13,200 Value ($000) $1,256 Avg Close $70.08 Range $60.82 - $75.22

Q3 2014

Shares 13,200 Value ($000) $1,121 Avg Close $66.18 Range $62.50 - $68.52

Q2 2014

Shares 14,000 Value ($000) $1,232 Avg Close $65.43 Range $61.51 - $68.13

Q1 2014

Shares 14,000 Value ($000) $1,139 Avg Close $61.28 Range $57.74 - $63.70

Q4 2013

Shares 13,800 Value ($000) $1,160 Avg Close $59.45 Range $55.46 - $63.85

Q3 2013

Shares 13,800 Value ($000) $1,053 Avg Close $54.78 Range $51.08 - $58.87

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	9,080	$1,588	$142.90	$116.56 - $161.60
Q1 2020	12,220	$1,736	$147.58	$100.67 - $165.72
Q4 2019	12,220	$2,195	$146.29	$126.07 - $157.39
Q3 2019	12,220	$1,912	$130.19	$122.69 - $138.62
Q2 2019	12,190	$1,838	$128.58	$116.59 - $135.13
Q1 2019	11,380	$1,634	$117.01	$103.65 - $124.26
Q4 2018	15,500	$1,964	$110.50	$98.77 - $121.67
Q2 2018	8,080	$1,119	$122.64	$114.08 - $132.71
Q1 2018	25,790	$4,040	$136.85	$126.80 - $147.59
Q4 2017	25,790	$4,303	$130.85	$121.38 - $139.21
Q3 2017	24,720	$3,658	$116.05	$110.22 - $121.46
Q2 2017	27,000	$3,868	$113.32	$105.74 - $122.08
Q1 2017	25,790	$3,417	$104.58	$97.05 - $109.96
Q4 2016	25,790	$3,158	$97.16	$89.66 - $102.92
Q3 2016	24,790	$2,970	$92.87	$82.44 - $98.77
Q2 2016	24,750	$2,591	$83.28	$78.19 - $87.12
Q1 2016	18,630	$1,919	$73.25	$62.61 - $81.90
Q4 2015	18,520	$1,727	$71.40	$63.03 - $74.70
Q3 2015	18,490	$1,532	$68.35	$61.54 - $73.68
Q2 2015	20,930	$1,921	$73.98	$71.31 - $77.64
Q1 2015	10,700	$1,045	$74.54	$69.91 - $77.42
Q4 2014	13,200	$1,256	$70.08	$60.82 - $75.22
Q3 2014	13,200	$1,121	$66.18	$62.50 - $68.52
Q2 2014	14,000	$1,232	$65.43	$61.51 - $68.13
Q1 2014	14,000	$1,139	$61.28	$57.74 - $63.70
Q4 2013	13,800	$1,160	$59.45	$55.46 - $63.85
Q3 2013	13,800	$1,053	$54.78	$51.08 - $58.87