Axim Planning & Wealth Has $950,000 Stock Position in Arrow Reserve Capital Management ETF $ARCM

Axim Planning & Wealth cut its position in Arrow Reserve Capital Management ETF (BATS:ARCMFree Report) by 55.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,493 shares of the company’s stock after selling 11,716 shares during the quarter. Arrow Reserve Capital Management ETF comprises about 1.0% of Axim Planning & Wealth’s portfolio, making the stock its 7th biggest holding. Axim Planning & Wealth owned approximately 2.06% of Arrow Reserve Capital Management ETF worth $950,000 at the end of the most recent reporting period.

Separately, LPL Financial LLC bought a new stake in Arrow Reserve Capital Management ETF in the 4th quarter valued at $750,000.

Arrow Reserve Capital Management ETF Price Performance

Shares of BATS:ARCM opened at $100.23 on Friday. Arrow Reserve Capital Management ETF has a 1 year low of $99.34 and a 1 year high of $101.26. The business’s 50 day simple moving average is $100.22 and its 200 day simple moving average is $100.26.

Arrow Reserve Capital Management ETF Profile

(Free Report)

The Arrow Reserve Capital Management ETF (ARCM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to preserve capital and maximize income potential by investing in investment-grade, short-term debt securities. ARCM was launched on Mar 31, 2017 and is managed by ArrowShares.

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