According to the ETF Finder at ETF Channel, PNFP makes up 2.83% of the KBW Regional Banking Portfolio ETF (KBWR) which is higher by about 0.9% on the day Friday.
In afternoon trading Friday, PNFP was up about 1.4% on the day.
Banks that find themselves on the cusp of certain regulatory thresholds could be big winners under the Trump Treasury Department.
The transaction allows Nashville, Tenn.-based Pinnacle to expand into neighboring Virginia, North Carolina and South Carolina.
CELP CPLP PNFP are going ex-dividend Wednesday, Wednesday, August 03, 2016
Pinnacle Financial Partners (PNFP) was upgraded to "overweight" by Piper Jaffray given the company's aggressive hiring technique.