ZOVIO INC

Ticker: ZVOI CUSIP: 98979V102 Class: COMMON STOCK

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

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

Q1 2019

Shares 32,440 Value ($000) $198 Avg Close $8.06 Range $5.92 - $10.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	32,440	$198	$8.06	$5.92 - $10.55