After the closing bell on Wednesday, Under Armour (UA) released its fourth quarter financial results. Here’s what the results mean for mutual fund investors.

Earnings

The company reported net income of $88 million, or 40 cents per share, up from $64 million, or 30 cents per share, last year. Analysts expected to see EPS of 39 cents per share.

Revenue
Revenue increased 31% to $895 million, beating estimates of $848.96 billion.

Acquisition
The company announced that it has agreed to acquire the popular fitness app MyFitnessPal for $475 million.

The company has been very aggressive with its branding as it attempts to gain market share from Nike (NKE). So far in 2015, UA has agreed to acquire two fitness apps including Endomondo and MyFitnessPal. These acquisitions will grow UA’s digital footprint, as its most recent acquisition of MyFitnessPal will allow the company to obtain 100 million users of fitness data.

While the company is aggressive with its branding, it is also very expensive – trading at 60x 2015 earnings estimates. This stock is ideal for the most aggressive of investors who are able to handle that the share can be a bit violate at times.

Investors interested in UA may also consider a mutual fund as an alternative to owning the individual stock. The funds below currently hold the largest stakes in UA.

The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in UA may also be interested in Nike (NKE) or Finish line (FINL).