RYDEX ETF TRUST

CUSIP: 78355W700 Class: GUG S&P SC600 PV

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014
Shares 818 Value ($000) $48 Avg Close — Range —
Q2 2014
Shares 85 Value ($000) $5 Avg Close — Range —