RYDEX ETF TRUST

CUSIP: 78355w304 Class: GUG S&P500 PU VA

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001238990)

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

Q4 2016
Shares 210,873 Value ($000) $12,144 Avg Close — Range —
Q3 2016
Shares 211,620 Value ($000) $11,188 Avg Close — Range —
Q2 2016
Shares 209,543 Value ($000) $10,685 Avg Close — Range —
Q1 2016
Shares 207,150 Value ($000) $10,469 Avg Close — Range —
Q4 2015
Shares 160,443 Value ($000) $7,893,797 Avg Close — Range —
Q3 2015
Shares 189,517 Value ($000) $9,057 Avg Close — Range —
Q2 2015
Shares 184,861 Value ($000) $9,905 Avg Close — Range —
Q1 2015
Shares 131,439 Value ($000) $7,096 Avg Close — Range —