Municipal Employees' Retirement System of Michigan’s Sapiens International SPNS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-29,960	Closed	-$386K	–	1720
2017 Q1	$386K	Hold	29,960	–	–	0.02%	1164
2016 Q4	$430K	Buy	+29,960	New	+$430K	0.02%	1096