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          <ccc>XXXXXXXX</ccc>
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        <classId>C000110181</classId>
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    </filerInfo>
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      <regFileNumber>811-22638</regFileNumber>
      <regCik>0001527428</regCik>
      <regLei>549300IHK71DVRHETY77</regLei>
      <regStreet1>6100 CHEVY CHASE DR</regStreet1>
      <regStreet2>SUITE 100</regStreet2>
      <regCity>LAUREL</regCity>
      <regStateConditional regCountry="US" regState="US-MD"/>
      <regZipOrPostalCode>20707</regZipOrPostalCode>
      <regPhone>301-260-1001</regPhone>
      <seriesName>Arrow DWA Tactical: Macro Fund</seriesName>
      <seriesId>S000035949</seriesId>
      <seriesLei>549300EHD6B8SNNS5648</seriesLei>
      <repPdEnd>2026-07-31</repPdEnd>
      <repPdDate>2026-04-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>85610.89</totLiabs>
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      <assetsInvested>7722484.64999999</assetsInvested>
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        <name>COMMODITIES EXCHANGE CENTER</name>
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          <ticker value="GCM6 COMDTY"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
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                  <isin value="N/A"/>
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            <expDate>2026-06-29</expDate>
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        <name>ARROW ETF TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ISHARES TRUST</name>
        <lei>5493000860OXIC4B5K91</lei>
        <title>ISHARES MSCI USA</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ISHARES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SELECT SECTOR SPDR TRUST (THE)</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>FIRST AMERICAN FUNDS INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>N/A</issuerName>
                <issueTitle>COMEX Silver Future</issueTitle>
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                  <isin value="N/A"/>
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            <expDate>2026-07-30</expDate>
            <notionalAmt>5888874.98000000</notionalAmt>
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        <name>ISHARES INC</name>
        <lei>549300MGJZCNMJLBAJ67</lei>
        <title>ISHARES MSCI EME</title>
        <cusip>464287234</cusip>
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          <isin value="US4642872349"/>
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        <balance>79427.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5082533.73000000</valUSD>
        <pctVal>10.54070065179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ISHARES INC</name>
        <lei>549300MGJZCNMJLBAJ67</lei>
        <title>ISHARES MSCI EUR</title>
        <cusip>464286608</cusip>
        <identifiers>
          <isin value="US4642866085"/>
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        <balance>68869.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4588052.78000000</valUSD>
        <pctVal>9.515193306671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Arrow Investments Trust</ncom:nameOfApplicant>
      <ncom:signature>Sam Singh</ncom:signature>
      <ncom:signerName>Sam Singh</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
