Independence Bank of Kentucky Buys Invesco Preferred, SPDR Gold Trust, CVS Health Corp, Sells General Electric Co, iShares MSCI Emerging Index Fund, Duke Energy Corp

• New Purchases: PGX, DLTR, PYPL, ETFC, QQQ, IGIB, GUNR, EVRG, XYL, FCX,
• Added Positions: GLD, CVS, ITW, IWM, IWF, BF.B, VYM, MDLZ, CELG, VCIT,
• Reduced Positions: SPY, AAPL, GE, LOW, VZ, T, EEM, WMT, DUK, PAYX,
• Sold Out: NTGR, VFC, HBAN, DLR, CME, CCL, URI, AWK,

For the details of Independence Bank of Kentucky's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Independence+Bank+of+Kentucky

1. Apple Inc (AAPL) - 27,083 shares, 4.82% of the total portfolio. Shares reduced by 8.87%
2. SPDR S&P 500 (SPY) - 17,180 shares, 3.94% of the total portfolio. Shares reduced by 10.5%
3. Alphabet Inc (GOOGL) - 3,528 shares, 3.36% of the total portfolio. Shares added by 1.64%
4. Procter & Gamble Co (PG) - 42,122 shares, 2.76% of the total portfolio. Shares reduced by 3.31%
5. JPMorgan Chase & Co (JPM) - 30,374 shares, 2.7% of the total portfolio. Shares reduced by 2.54%

Independence Bank of Kentucky initiated holding in Invesco Preferred. The purchase prices were between $14.29 and $14.75, with an estimated average price of $14.52. The stock is now traded at around $13.97. The impact to a portfolio due to this purchase was 0.48%. The holding were 42,410 shares as of 2018-09-30.

Independence Bank of Kentucky initiated holding in Dollar Tree Inc. The purchase prices were between $79.78 and $95.61, with an estimated average price of $87.62. The stock is now traded at around $85.75. The impact to a portfolio due to this purchase was 0.08%. The holding were 1,215 shares as of 2018-09-30.

Independence Bank of Kentucky initiated holding in PayPal Holdings Inc. The purchase prices were between $82.14 and $93.07, with an estimated average price of $88.05. The stock is now traded at around $80.12. The impact to a portfolio due to this purchase was 0.06%. The holding were 873 shares as of 2018-09-30.

Independence Bank of Kentucky initiated holding in E*TRADE Financial Corp. The purchase prices were between $52.39 and $63.13, with an estimated average price of $58.67. The stock is now traded at around $50.74. The impact to a portfolio due to this purchase was 0.05%. The holding were 1,235 shares as of 2018-09-30.

Independence Bank of Kentucky initiated holding in Invesco QQQ Trust Series 1. The purchase prices were between $170.8 and $186.74, with an estimated average price of $180.83. The stock is now traded at around $177.27. The impact to a portfolio due to this purchase was 0.04%. The holding were 295 shares as of 2018-09-30.

Independence Bank of Kentucky initiated holding in FlexShares Global Upstream Natural Resources Index. The purchase prices were between $31.97 and $34.39, with an estimated average price of $33.32. The stock is now traded at around $33.01. The impact to a portfolio due to this purchase was 0.03%. The holding were 1,145 shares as of 2018-09-30.

Independence Bank of Kentucky added to a holding in SPDR Gold Trust by 34.91%. The purchase prices were between $111.1 and $119.15, with an estimated average price of $114.76. The stock is now traded at around $115.84. The impact to a portfolio due to this purchase was 0.35%. The holding were 15,381 shares as of 2018-09-30.

Independence Bank of Kentucky added to a holding in CVS Health Corp by 200.19%. The purchase prices were between $63.78 and $79.59, with an estimated average price of $71.49. The stock is now traded at around $74.53. The impact to a portfolio due to this purchase was 0.33%. The holding were 7,865 shares as of 2018-09-30.

Independence Bank of Kentucky added to a holding in Illinois Tool Works Inc by 43.07%. The purchase prices were between $135.14 and $148.44, with an estimated average price of $140.93. The stock is now traded at around $132.11. The impact to a portfolio due to this purchase was 0.25%. The holding were 7,540 shares as of 2018-09-30.

Independence Bank of Kentucky added to a holding in iShares Russell 2000 by 906.44%. The purchase prices were between $164.2 and $173.02, with an estimated average price of $168.83. The stock is now traded at around $157.95. The impact to a portfolio due to this purchase was 0.24%. The holding were 2,033 shares as of 2018-09-30.

Independence Bank of Kentucky added to a holding in iShares Russell 1000 Growth by 303.32%. The purchase prices were between $143.12 and $156, with an estimated average price of $151.4. The stock is now traded at around $148.51. The impact to a portfolio due to this purchase was 0.21%. The holding were 2,307 shares as of 2018-09-30.

Independence Bank of Kentucky added to a holding in Brown-Forman Corp by 112.71%. The purchase prices were between $48.42 and $54.86, with an estimated average price of $51.95. The stock is now traded at around $48.06. The impact to a portfolio due to this purchase was 0.16%. The holding were 7,615 shares as of 2018-09-30.

Independence Bank of Kentucky sold out a holding in Netgear Inc. The sale prices were between $62.75 and $77.75, with an estimated average price of $68.34.

Independence Bank of Kentucky sold out a holding in VF Corp. The sale prices were between $81.23 and $96.29, with an estimated average price of $90.59.

Independence Bank of Kentucky sold out a holding in Huntington Bancshares Inc. The sale prices were between $14.65 and $16.4, with an estimated average price of $15.64.

Independence Bank of Kentucky sold out a holding in United Rentals Inc. The sale prices were between $144.75 and $171.76, with an estimated average price of $155.63.

Independence Bank of Kentucky sold out a holding in Digital Realty Trust Inc. The sale prices were between $111.52 and $124.3, with an estimated average price of $119.72.

Independence Bank of Kentucky sold out a holding in Carnival Corp. The sale prices were between $56.76 and $67.17, with an estimated average price of $60.67.