RAYMOND JAMES FINL INC

Ticker: RJF CUSIP: 754730109 Class: COM

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

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

Q2 2020

Shares 10,990 Value ($000) $756 Avg Close $41.37 Range $34.63 - $52.54

Q1 2020

Shares 14,380 Value ($000) $908 Avg Close $51.50 Range $33.00 - $62.36

Q4 2019

Shares 14,380 Value ($000) $1,287 Avg Close $52.49 Range $45.73 - $55.67

Q3 2019

Shares 1,730 Value ($000) $143 Avg Close $49.20 Range $44.03 - $53.07

Q2 2019

Shares 1,730 Value ($000) $146 Avg Close $51.40 Range $47.79 - $55.31

Q1 2019

Shares 15,780 Value ($000) $1,269 Avg Close $48.09 Range $42.74 - $51.20

Q4 2018

Shares 17,490 Value ($000) $1,301 Avg Close $47.62 Range $41.18 - $57.27

Q2 2018

Shares 3,440 Value ($000) $307 Avg Close $55.11 Range $49.67 - $60.49

Q1 2018

Shares 3,320 Value ($000) $297 Avg Close $55.10 Range $49.81 - $58.60

Q4 2017

Shares 3,320 Value ($000) $296 Avg Close $50.88 Range $48.21 - $53.74

Q3 2017

Shares 3,320 Value ($000) $280 Avg Close $47.50 Range $43.53 - $50.48

Q2 2017

Shares 4,190 Value ($000) $336 Avg Close $44.22 Range $41.78 - $48.49

Q1 2017

Shares 58,550 Value ($000) $4,465 Avg Close $44.57 Range $40.34 - $47.83

Q4 2016

Shares 57,810 Value ($000) $4,004 Avg Close $38.59 Range $32.95 - $43.48

Q3 2016

Shares 56,550 Value ($000) $3,292 Avg Close $32.06 Range $26.85 - $34.20

Q2 2016

Shares 55,770 Value ($000) $2,761 Avg Close $29.63 Range $25.54 - $32.74

Q1 2016

Shares 42,680 Value ($000) $2,041 Avg Close $26.48 Range $22.91 - $32.60

Q4 2015

Shares 41,030 Value ($000) $2,387 Avg Close $32.04 Range $26.29 - $34.28

Q3 2015

Shares 41,410 Value ($000) $2,063 Avg Close $31.75 Range $27.57 - $35.30

Q2 2015

Shares 39,990 Value ($000) $2,383 Avg Close $33.20 Range $31.31 - $34.99

Q1 2015

Shares 38,200 Value ($000) $2,176 Avg Close $31.81 Range $28.93 - $33.92

Q4 2014

Shares 40,820 Value ($000) $2,346 Avg Close $31.14 Range $27.19 - $32.96

Q3 2014

Shares 35,200 Value ($000) $1,892 Avg Close $29.62 Range $27.59 - $31.94

Q2 2014

Shares 34,100 Value ($000) $1,735 Avg Close $28.16 Range $26.71 - $31.67

Q1 2014

Shares 34,100 Value ($000) $1,907 Avg Close $29.40 Range $26.98 - $31.57

Q4 2013

Shares 33,700 Value ($000) $1,759 Avg Close $25.99 Range $22.36 - $29.33

Q3 2013

Shares 18,600 Value ($000) $775 Avg Close $24.14 Range $22.98 - $25.38

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	10,990	$756	$41.37	$34.63 - $52.54
Q1 2020	14,380	$908	$51.50	$33.00 - $62.36
Q4 2019	14,380	$1,287	$52.49	$45.73 - $55.67
Q3 2019	1,730	$143	$49.20	$44.03 - $53.07
Q2 2019	1,730	$146	$51.40	$47.79 - $55.31
Q1 2019	15,780	$1,269	$48.09	$42.74 - $51.20
Q4 2018	17,490	$1,301	$47.62	$41.18 - $57.27
Q2 2018	3,440	$307	$55.11	$49.67 - $60.49
Q1 2018	3,320	$297	$55.10	$49.81 - $58.60
Q4 2017	3,320	$296	$50.88	$48.21 - $53.74
Q3 2017	3,320	$280	$47.50	$43.53 - $50.48
Q2 2017	4,190	$336	$44.22	$41.78 - $48.49
Q1 2017	58,550	$4,465	$44.57	$40.34 - $47.83
Q4 2016	57,810	$4,004	$38.59	$32.95 - $43.48
Q3 2016	56,550	$3,292	$32.06	$26.85 - $34.20
Q2 2016	55,770	$2,761	$29.63	$25.54 - $32.74
Q1 2016	42,680	$2,041	$26.48	$22.91 - $32.60
Q4 2015	41,030	$2,387	$32.04	$26.29 - $34.28
Q3 2015	41,410	$2,063	$31.75	$27.57 - $35.30
Q2 2015	39,990	$2,383	$33.20	$31.31 - $34.99
Q1 2015	38,200	$2,176	$31.81	$28.93 - $33.92
Q4 2014	40,820	$2,346	$31.14	$27.19 - $32.96
Q3 2014	35,200	$1,892	$29.62	$27.59 - $31.94
Q2 2014	34,100	$1,735	$28.16	$26.71 - $31.67
Q1 2014	34,100	$1,907	$29.40	$26.98 - $31.57
Q4 2013	33,700	$1,759	$25.99	$22.36 - $29.33
Q3 2013	18,600	$775	$24.14	$22.98 - $25.38