Independence Bank of Kentucky Buys SPDR S&P 500, International Paper Co, Amazon.com Inc, Sells Ford Motor Co, Alerian MLP, British American Tobacco PLC

• New Purchases: IR, SPDW, CSJ, HYD, APC, LLL, RHI, STX, TWTR, VRTX,
• Added Positions: SPY, IP, AMZN, GOOGL, PG, MET, PFF, C, SLB, EEM,
• Reduced Positions: F, AMLP, BTI, HSY, LOW, VZ, SHPG, FFKT, DG, GWW,
• Sold Out: PCAR, GT, GWL, JDD, XLV, PSEC, ROST, UNG, OHI, OC,

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) - 30,824 shares, 4.41% of the total portfolio. Shares added by 1.47%
2. Intel Corp (INTC) - 80,283 shares, 3.56% of the total portfolio. Shares added by 0.35%
3. SPDR S&P 500 (SPY) - 14,315 shares, 3.21% of the total portfolio. Shares added by 3707.18%
4. Alphabet Inc (GOOGL) - 3,532 shares, 3.12% of the total portfolio. Shares added by 10.41%
5. JPMorgan Chase & Co (JPM) - 31,452 shares, 2.95% of the total portfolio. Shares reduced by 3.87%

Independence Bank of Kentucky initiated holding in Ingersoll-Rand PLC. The purchase prices were between $83.86 and $96.6, with an estimated average price of $89.73. The stock is now traded at around $86.86. The impact to a portfolio due to this purchase was 0.27%. The holding were 3,640 shares as of 2018-03-31.

Independence Bank of Kentucky initiated holding in SPDR Portfolio Developed World ex-US. The purchase prices were between $30.65 and $33.82, with an estimated average price of $32.08. The stock is now traded at around $32.23. The impact to a portfolio due to this purchase was 0.06%. The holding were 2,351 shares as of 2018-03-31.

Independence Bank of Kentucky initiated holding in iShares 1-3 Year Credit Bond ETF. The purchase prices were between $103.62 and $104.51, with an estimated average price of $104.05. The stock is now traded at around $103.72. The impact to a portfolio due to this purchase was 0.04%. The holding were 432 shares as of 2018-03-31.

Independence Bank of Kentucky initiated holding in VanEck Vectors High Yield Municipal Index. The purchase prices were between $30.64 and $31.41, with an estimated average price of $30.98. The stock is now traded at around $31.12. The impact to a portfolio due to this purchase was 0.03%. The holding were 970 shares as of 2018-03-31.

Independence Bank of Kentucky initiated holding in Anadarko Petroleum Corp. The purchase prices were between $54.77 and $62.59, with an estimated average price of $58.63. The stock is now traded at around $66.24. The impact to a portfolio due to this purchase was 0.02%. The holding were 296 shares as of 2018-03-31.

Independence Bank of Kentucky initiated holding in L3 Technologies Inc. The purchase prices were between $198.27 and $217.46, with an estimated average price of $207.29. The stock is now traded at around $214.84. The impact to a portfolio due to this purchase was 0.02%. The holding were 90 shares as of 2018-03-31.

Independence Bank of Kentucky added to a holding in SPDR S&P 500 by 3707.18%. The purchase prices were between $257.63 and $286.58, with an estimated average price of $272.85. The stock is now traded at around $270.87. The impact to a portfolio due to this purchase was 3.13%. The holding were 14,315 shares as of 2018-03-31.

Independence Bank of Kentucky added to a holding in International Paper Co by 84.02%. The purchase prices were between $50.15 and $65.08, with an estimated average price of $58.67. The stock is now traded at around $54.13. The impact to a portfolio due to this purchase was 0.42%. The holding were 20,500 shares as of 2018-03-31.

Independence Bank of Kentucky added to a holding in Amazon.com Inc by 50.16%. The purchase prices were between $1189.01 and $1598.39, with an estimated average price of $1430.19. The stock is now traded at around $1529.47. The impact to a portfolio due to this purchase was 0.39%. The holding were 946 shares as of 2018-03-31.

Independence Bank of Kentucky added to a holding in MetLife Inc by 397.20%. The purchase prices were between $44.08 and $54.77, with an estimated average price of $48.52. The stock is now traded at around $47.09. The impact to a portfolio due to this purchase was 0.27%. The holding were 8,706 shares as of 2018-03-31.

Independence Bank of Kentucky added to a holding in iShares U.S. Preferred Stock ETF by 53.62%. The purchase prices were between $36.79 and $38.19, with an estimated average price of $37.53. The stock is now traded at around $37.31. The impact to a portfolio due to this purchase was 0.26%. The holding were 23,565 shares as of 2018-03-31.

Independence Bank of Kentucky added to a holding in Citigroup Inc by 55.34%. The purchase prices were between $67.5 and $80.08, with an estimated average price of $75.21. The stock is now traded at around $69.18. The impact to a portfolio due to this purchase was 0.24%. The holding were 11,593 shares as of 2018-03-31.

Independence Bank of Kentucky sold out a holding in Goodyear Tire & Rubber Co. The sale prices were between $26.36 and $35.76, with an estimated average price of $30.92.

Independence Bank of Kentucky sold out a holding in PACCAR Inc. The sale prices were between $62.94 and $79, with an estimated average price of $70.96.

Independence Bank of Kentucky sold out a holding in SPDR Select Sector Fund - Health Care. The sale prices were between $79.67 and $91.54, with an estimated average price of $85.15.

Independence Bank of Kentucky sold out a holding in Nuveen Diversified Dividend & Income. The sale prices were between $11.69 and $12.69, with an estimated average price of $12.2.

Independence Bank of Kentucky sold out a holding in . The sale prices were between $30.65 and $33.82, with an estimated average price of $32.08.

Independence Bank of Kentucky sold out a holding in Prospect Capital Corp. The sale prices were between $6.21 and $7.01, with an estimated average price of $6.68.