UGI CORP NEW

Ticker: UGI CUSIP: 902681105 Class: COM

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

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

Q1 2020

Shares 39,220 Value ($000) $1,046 Avg Close $37.88 Range $21.75 - $45.26

Q4 2019

Shares 38,760 Value ($000) $1,750 Avg Close $45.81 Range $40.52 - $50.41

Q3 2019

Shares 38,340 Value ($000) $1,927 Avg Close $49.97 Range $45.94 - $54.05

Q2 2019

Shares 32,140 Value ($000) $1,717 Avg Close $53.22 Range $50.40 - $55.68

Q1 2019

Shares 31,690 Value ($000) $1,756 Avg Close $54.71 Range $51.05 - $57.28

Q4 2018

Shares 41,780 Value ($000) $2,229 Avg Close $55.58 Range $50.71 - $59.31

Q2 2018

Shares 40,570 Value ($000) $2,112 Avg Close $48.45 Range $43.60 - $52.49

Q1 2018

Shares 53,760 Value ($000) $2,388 Avg Close $44.84 Range $42.51 - $48.04

Q4 2017

Shares 52,440 Value ($000) $2,462 Avg Close $47.79 Range $46.43 - $49.77

Q3 2017

Shares 52,440 Value ($000) $2,457 Avg Close $48.82 Range $46.59 - $51.11

Q2 2017

Shares 66,830 Value ($000) $3,235 Avg Close $49.72 Range $45.91 - $52.00

Q1 2017

Shares 80,160 Value ($000) $3,960 Avg Close $47.53 Range $45.03 - $50.38

Q4 2016

Shares 79,280 Value ($000) $3,653 Avg Close $44.77 Range $41.79 - $46.66

Q3 2016

Shares 77,530 Value ($000) $3,507 Avg Close $45.64 Range $43.83 - $48.13

Q2 2016

Shares 76,440 Value ($000) $3,477 Avg Close $42.14 Range $39.20 - $45.25

Q1 2016

Shares 57,310 Value ($000) $2,322 Avg Close $36.27 Range $31.59 - $40.85

Q4 2015

Shares 55,270 Value ($000) $1,878 Avg Close $34.70 Range $31.51 - $37.51

Q3 2015

Shares 54,790 Value ($000) $1,920 Avg Close $34.92 Range $32.80 - $37.02

Q2 2015

Shares 54,430 Value ($000) $1,875 Avg Close $35.48 Range $32.12 - $37.85

Q1 2015

Shares 52,200 Value ($000) $1,713 Avg Close $35.06 Range $31.54 - $38.61

Q4 2014

Shares 56,000 Value ($000) $2,139 Avg Close $36.88 Range $33.39 - $39.74

Q3 2014

Shares 65,600 Value ($000) $2,251 Avg Close $34.01 Range $31.53 - $36.69

Q2 2014

Shares 31,500 Value ($000) $1,600 Avg Close $31.63 Range $29.77 - $33.73

Q1 2014

Shares 31,500 Value ($000) $1,437 Avg Close $28.79 Range $26.83 - $30.52

Q4 2013

Shares 31,200 Value ($000) $1,294 Avg Close $26.95 Range $25.25 - $28.19

Q3 2013

Shares 18,800 Value ($000) $736 Avg Close $26.81 Range $25.35 - $28.83

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	39,220	$1,046	$37.88	$21.75 - $45.26
Q4 2019	38,760	$1,750	$45.81	$40.52 - $50.41
Q3 2019	38,340	$1,927	$49.97	$45.94 - $54.05
Q2 2019	32,140	$1,717	$53.22	$50.40 - $55.68
Q1 2019	31,690	$1,756	$54.71	$51.05 - $57.28
Q4 2018	41,780	$2,229	$55.58	$50.71 - $59.31
Q2 2018	40,570	$2,112	$48.45	$43.60 - $52.49
Q1 2018	53,760	$2,388	$44.84	$42.51 - $48.04
Q4 2017	52,440	$2,462	$47.79	$46.43 - $49.77
Q3 2017	52,440	$2,457	$48.82	$46.59 - $51.11
Q2 2017	66,830	$3,235	$49.72	$45.91 - $52.00
Q1 2017	80,160	$3,960	$47.53	$45.03 - $50.38
Q4 2016	79,280	$3,653	$44.77	$41.79 - $46.66
Q3 2016	77,530	$3,507	$45.64	$43.83 - $48.13
Q2 2016	76,440	$3,477	$42.14	$39.20 - $45.25
Q1 2016	57,310	$2,322	$36.27	$31.59 - $40.85
Q4 2015	55,270	$1,878	$34.70	$31.51 - $37.51
Q3 2015	54,790	$1,920	$34.92	$32.80 - $37.02
Q2 2015	54,430	$1,875	$35.48	$32.12 - $37.85
Q1 2015	52,200	$1,713	$35.06	$31.54 - $38.61
Q4 2014	56,000	$2,139	$36.88	$33.39 - $39.74
Q3 2014	65,600	$2,251	$34.01	$31.53 - $36.69
Q2 2014	31,500	$1,600	$31.63	$29.77 - $33.73
Q1 2014	31,500	$1,437	$28.79	$26.83 - $30.52
Q4 2013	31,200	$1,294	$26.95	$25.25 - $28.19
Q3 2013	18,800	$736	$26.81	$25.35 - $28.83