Marten Transport, Ltd. (NASDAQ:MRTN) Position Boosted by Swiss National Bank

Marten Transport, Ltd. is a publicly traded company that operates in the transportation industry. The company's stock is listed on the NASDAQ Global Select Market under the ticker symbol NASDAQMRTN.

Swiss National Bank is a multinational financial services company headquartered in Basel, Switzerland. The bank has a long history of investing in various industries and companies around the world.

According to the most recent disclosure with the Securities and Exchange Commission (SEC), Swiss National Bank lifted its stake in Marten Transport, Ltd. by 1.1% during the third quarter of 2021. This means that the bank now owns a total of 133,875 shares of the transportation company's stock after acquiring an additional 1,400 shares during the quarter.

The fact that Swiss National Bank has increased its stake in Marten Transport, Ltd. suggests that the bank believes in the potential of the company and sees value in its stock. This could be due to a variety of factors, such as the company's financial performance, growth prospects, or competitive position in the transportation industry.

It is worth noting that Swiss National Bank has been investing in Marten Transport, Ltd. for some time now. The bank first disclosed its ownership of the company's stock in 2019, when it acquired a 5% stake in the company. Since then, the bank has continued to invest in the company and has now increased its stake to 133,875 shares.

Overall, the fact that Swiss National Bank has boosted its position in Marten Transport, Ltd. by 1.1% during the third quarter is a positive sign for the company and its stockholders. It suggests that the bank believes in the potential of the company and sees value in its stock, which could help to drive up the price of the shares and increase investor confidence in the company.