Municipal Employees' Retirement System of Michigan
· CIK 0001588873| # | Ticker | Company | Sector | Shares | Value ↓ | % Port | Chg Shares | Chg % | Period Price ① | Since Period ① |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | QVML | INVESCO S&P 500 QVM MULTIFA | — | 34,132,010.0 | $1.37B | 15.51% | NEW | — | $40.18 | +9.9% |
| 2 | SPTI | SS SPDR P INT TERM TSY ETF | — | 37,247,174.0 | $1.07B | 12.15% | NEW | — | $28.84 | -2.1% |
| 3 | IVV | ISHARES CORE S&P 500 ETF | — | 1,381,225.0 | $946.1M | 10.70% | NEW | — | $684.94 | +8.4% |
| 4 | VGK | VANGUARD FTSE EUROPE ETF | — | 9,136,296.0 | $763.9M | 8.64% | NEW | — | $83.61 | +2.6% |
| 5 | SPTS | SS SPDR P ST TERM TSY ETF | — | 25,879,762.0 | $757.8M | 8.57% | NEW | — | $29.28 | -1.0% |
| 6 | SPTL | SS SPDR PF LNG TRM TSY EUSD | — | 15,397,326.0 | $407.6M | 4.61% | NEW | — | $26.47 | -3.9% |
| 7 | SCHP | SCHWAB US TIPS ETF | — | 15,248,383.0 | $403.9M | 4.57% | NEW | — | $26.49 | +0.6% |
| 8 | SPIB | SS SPDR P INT C CORP ETF | — | 11,704,768.0 | $395.7M | 4.48% | NEW | — | $33.81 | -1.5% |
| 9 | QVMM | INVESCO S&P MIDCAP 400 QVM M | — | 11,882,576.0 | $365.7M | 4.14% | NEW | — | $30.78 | +9.8% |
| 10 | IEMG | ISHARES CORE MSCI EMERGING | — | 5,227,998.0 | $351.4M | 3.98% | NEW | — | $67.22 | +18.3% |
| 11 | IJH | ISHARES CORE S&P MIDCAP ETF | — | 4,596,783.0 | $303.4M | 3.43% | NEW | — | $66.00 | +9.4% |
| 12 | XBB | BONDBLOXXBB RATED USD HY CB | — | 7,372,511.0 | $303.3M | 3.43% | NEW | — | $41.14 | -1.3% |
| 13 | XEMD | BONDBLOXXJPM USD EM MK 110 | — | 4,714,975.0 | $210.2M | 2.38% | NEW | — | $44.58 | -0.1% |
| 14 | QVMS | INVESCO S&P SMALLCAP 600 QVM | — | 7,114,414.0 | $200.9M | 2.27% | NEW | — | $28.23 | +13.0% |
| 15 | SPHY | SS SPDR P HIGH YIELD ETF | — | 6,000,856.0 | $142.0M | 1.61% | NEW | — | $23.67 | -1.6% |
| 16 | PICK | ISHARES MSCI GLOBAL METALS & | — | 2,658,856.0 | $136.5M | 1.54% | NEW | — | $51.34 | +22.5% |
| 17 | FLCA | FRANKLIN FTSE CANADA ETF | — | 2,773,743.0 | $134.0M | 1.51% | NEW | — | $48.30 | +6.3% |
| 18 | FALN | ISHARES FALLEN ANGELS ETF | — | 3,657,064.0 | $99.8M | 1.13% | NEW | — | $27.30 | -1.8% |
| 19 | BBCA | JPMORGAN BETABUILDERS CANADA | — | 909,454.0 | $84.6M | 0.96% | NEW | — | $93.00 | +5.9% |
| 20 | RING | ISHARES MSCI GLOBAL GOLD MIN | — | 844,062.0 | $62.2M | 0.70% | NEW | — | $73.64 | +3.2% |
① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.