Olney, M.D.-based Arrow Investment Advisors has named Joseph Cunningham to the newly created role of Director of Capital Markets.

Previously, Cunningham served as Director of Institutional ETF Order Flow for ProShares Advisors.

“His experience and deep roots within the market making community will be a tremendous asset as we prepare to introduce our first ArrowShares exchange-trade fund this spring,” stated Joseph Barrato, CEO of Arrow Investment.

Hung Tran writes for Money Management Executive.