Municipal Employees' Retirement System of Michigan Buys SPDR Portfolio Intermediate Term Treasury ETF, JPMorgan BetaBuilders Japan ETF, SPDR Bloomberg Barclays Emerging Markets USD Bond , Sells , SPDR Portfolio Long Term Treasury ETF, iShares J.P. Morgan

• New Purchases: SPTI, BBJP, EMHC, GATO, MLHR,
• Added Positions: TLT, RING, STIP, IJR,
• Reduced Positions: SPTL, EMB, VGK, SPTS, IEMG, MBB, SPIB, EBND, SPSB,
• Sold Out: ITE, USHY, VWOB,

For the details of Municipal Employees' Retirement System of Michigan's stock buys and sells, go to https://www.gurufocus.com/guru/municipal+employees%27+retirement+system+of+michigan/current-portfolio/portfolio

1. iShares Core S&P 500 ETF (IVV) - 5,177,459 shares, 35.06% of the total portfolio. Shares added by 0.57%
2. SPDR Portfolio Intermediate Term Treasury ETF (SPTI) - 23,226,085 shares, 11.85% of the total portfolio. New Position
3. SPDR Portfolio Short Term Treasury ETF (SPTS) - 24,433,260 shares, 11.79% of the total portfolio. Shares reduced by 4.57%
4. iShares Core S&P Mid-Cap ETF (IJH) - 1,742,986 shares, 7.38% of the total portfolio. Shares added by 0.27%
5. JPMorgan BetaBuilders Japan ETF (BBJP) - 6,396,278 shares, 5.69% of the total portfolio. New Position

Municipal Employees' Retirement System of Michigan initiated holding in SPDR Portfolio Intermediate Term Treasury ETF. The purchase prices were between $32.01 and $32.52, with an estimated average price of $32.27. The stock is now traded at around $32.690000. The impact to a portfolio due to this purchase was 11.85%. The holding were 23,226,085 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan initiated holding in JPMorgan BetaBuilders Japan ETF. The purchase prices were between $54.39 and $58.14, with an estimated average price of $56.97. The stock is now traded at around $55.790000. The impact to a portfolio due to this purchase was 5.69%. The holding were 6,396,278 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan initiated holding in SPDR Bloomberg Barclays Emerging Markets USD Bond . The purchase prices were between $29.82 and $30.74, with an estimated average price of $30.26. The stock is now traded at around $30.771000. The impact to a portfolio due to this purchase was 2.84%. The holding were 5,852,165 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan initiated holding in Gatos Silver Inc. The purchase prices were between $9.32 and $19.38, with an estimated average price of $14.03. The stock is now traded at around $12.340000. The impact to a portfolio due to this purchase was 1.71%. The holding were 6,205,259 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan initiated holding in Herman Miller Inc. The purchase prices were between $39.67 and $50.69, with an estimated average price of $45.21. The stock is now traded at around $41.080000. The impact to a portfolio due to this purchase was less than 0.01%. The holding were 102 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan added to a holding in iShares 20+ Year Treasury Bond ETF by 84.34%. The purchase prices were between $134.53 and $145.36, with an estimated average price of $138.9. The stock is now traded at around $150.450000. The impact to a portfolio due to this purchase was 2.08%. The holding were 1,999,075 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan added to a holding in ISHARES INC by 152.83%. The purchase prices were between $27.09 and $33.13, with an estimated average price of $30.25. The stock is now traded at around $25.550000. The impact to a portfolio due to this purchase was 0.66%. The holding were 2,472,074 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan added to a holding in iShares 0-5 Year TIPS Bond ETF by 58.42%. The purchase prices were between $103.3 and $105.12, with an estimated average price of $104.45. The stock is now traded at around $105.940000. The impact to a portfolio due to this purchase was 0.21%. The holding were 334,096 shares as of 2021-06-30.

Municipal Employees' Retirement System of Michigan sold out a holding in . The sale prices were between $32.01 and $32.52, with an estimated average price of $32.27.

Municipal Employees' Retirement System of Michigan sold out a holding in iShares Broad USD High Yield Corporate Bond ETF. The sale prices were between $40.32 and $41.38, with an estimated average price of $40.78.

Municipal Employees' Retirement System of Michigan sold out a holding in Vanguard Emerging Markets Government Bond ETF. The sale prices were between $76.22 and $79.68, with an estimated average price of $78.24.