MSCI INC

Ticker: MSCI CUSIP: 55354G100 Class: COM

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

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

Q1 2020

Shares 1,210 Value ($000) $350 Avg Close $267.10 Range $206.44 - $316.05

Q4 2019

Shares 1,190 Value ($000) $307 Avg Close $229.41 Range $197.65 - $252.05

Q3 2019

Shares 1,190 Value ($000) $259 Avg Close $217.32 Range $193.73 - $231.91

Q2 2019

Shares 1,190 Value ($000) $284 Avg Close $209.74 Range $187.27 - $230.50

Q1 2019

Shares 6,600 Value ($000) $1,313 Avg Close $162.27 Range $131.35 - $186.28

Q4 2018

Shares 7,770 Value ($000) $1,146 Avg Close $141.43 Range $125.04 - $167.44

Q2 2018

Shares 2,360 Value ($000) $390 Avg Close $145.67 Range $131.72 - $160.98

Q1 2018

Shares 27,950 Value ($000) $4,178 Avg Close $132.00 Range $116.37 - $147.54

Q4 2017

Shares 27,240 Value ($000) $3,447 Avg Close $114.62 Range $105.61 - $120.11

Q3 2017

Shares 27,240 Value ($000) $3,184 Avg Close $101.57 Range $92.15 - $108.75

Q2 2017

Shares 34,950 Value ($000) $3,600 Avg Close $91.85 Range $86.57 - $97.60

Q1 2017

Shares 43,620 Value ($000) $4,239 Avg Close $82.45 Range $71.23 - $99.59

Q4 2016

Shares 43,680 Value ($000) $3,441 Avg Close $73.09 Range $69.52 - $76.25

Q3 2016

Shares 38,990 Value ($000) $3,273 Avg Close $76.86 Range $68.68 - $82.20

Q2 2016

Shares 38,410 Value ($000) $2,962 Avg Close $68.20 Range $64.53 - $72.07

Q1 2016

Shares 29,630 Value ($000) $2,195 Avg Close $62.13 Range $55.76 - $67.42

Q4 2015

Shares 29,470 Value ($000) $2,126 Avg Close $59.89 Range $50.84 - $65.87

Q3 2015

Shares 36,170 Value ($000) $2,151 Avg Close $56.21 Range $51.59 - $61.32

Q2 2015

Shares 35,400 Value ($000) $2,179 Avg Close $55.18 Range $53.32 - $56.94

Q1 2015

Shares 33,900 Value ($000) $2,078 Avg Close $49.49 Range $41.44 - $54.55

Q4 2014

Shares 37,850 Value ($000) $1,796 Avg Close $41.43 Range $36.45 - $43.46

Q3 2014

Shares 33,100 Value ($000) $1,556 Avg Close $40.78 Range $38.59 - $45.84

Q2 2014

Shares 32,700 Value ($000) $1,499 Avg Close $37.97 Range $35.51 - $40.45

Q1 2014

Shares 32,700 Value ($000) $1,407 Avg Close $38.46 Range $35.08 - $40.92

Q4 2013

Shares 33,100 Value ($000) $1,447 Avg Close $37.11 Range $33.62 - $40.06

Q3 2013

Shares 19,900 Value ($000) $801 Avg Close $32.94 Range $29.49 - $36.39

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	1,210	$350	$267.10	$206.44 - $316.05
Q4 2019	1,190	$307	$229.41	$197.65 - $252.05
Q3 2019	1,190	$259	$217.32	$193.73 - $231.91
Q2 2019	1,190	$284	$209.74	$187.27 - $230.50
Q1 2019	6,600	$1,313	$162.27	$131.35 - $186.28
Q4 2018	7,770	$1,146	$141.43	$125.04 - $167.44
Q2 2018	2,360	$390	$145.67	$131.72 - $160.98
Q1 2018	27,950	$4,178	$132.00	$116.37 - $147.54
Q4 2017	27,240	$3,447	$114.62	$105.61 - $120.11
Q3 2017	27,240	$3,184	$101.57	$92.15 - $108.75
Q2 2017	34,950	$3,600	$91.85	$86.57 - $97.60
Q1 2017	43,620	$4,239	$82.45	$71.23 - $99.59
Q4 2016	43,680	$3,441	$73.09	$69.52 - $76.25
Q3 2016	38,990	$3,273	$76.86	$68.68 - $82.20
Q2 2016	38,410	$2,962	$68.20	$64.53 - $72.07
Q1 2016	29,630	$2,195	$62.13	$55.76 - $67.42
Q4 2015	29,470	$2,126	$59.89	$50.84 - $65.87
Q3 2015	36,170	$2,151	$56.21	$51.59 - $61.32
Q2 2015	35,400	$2,179	$55.18	$53.32 - $56.94
Q1 2015	33,900	$2,078	$49.49	$41.44 - $54.55
Q4 2014	37,850	$1,796	$41.43	$36.45 - $43.46
Q3 2014	33,100	$1,556	$40.78	$38.59 - $45.84
Q2 2014	32,700	$1,499	$37.97	$35.51 - $40.45
Q1 2014	32,700	$1,407	$38.46	$35.08 - $40.92
Q4 2013	33,100	$1,447	$37.11	$33.62 - $40.06
Q3 2013	19,900	$801	$32.94	$29.49 - $36.39