Janney Montgomery Scott LLC lifted its holdings in Global X U.S. Infrastructure Development ETF (BATS:PAVE – Free Report) by 1.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,126 shares of the company’s stock after purchasing an additional 1,428 shares during the quarter. Janney Montgomery Scott LLC owned about 0.07% of Global X U.S. Infrastructure Development ETF worth $3,829,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PAVE. Kovack Advisors Inc. lifted
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