Savian "Dexx" Creary, 19, of Philadelphia, was arrested Saturday by Montgomery County Detectives and members of the Philadelphia SWAT team, officials said.
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Creary is charged with first-degree murder, conspiracy and related charges in the killing of 25-year-old Edilberto Miguel Palaez Moctezuma.
The shooting happened around 9:30 p.m. on Thanksgiving Day in the 1100 block of Arch Street.
The suspects were involved in a shootout that followed a dispute over stolen alcohol, according to the Montgomery County District Attorney's Office.
One of the bullets fired in that shootout went through a window and hit Palaez Moctezuma as he was having Thanksgiving dinner with his family.
He was later pronounced dead at the hospital.
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Kevon Clarke was arrested on Dec. 13, 2021, and charged with first-degree murder and related charges in connection with the shooting.
An arrest warrant has also been issued for Tymere "Brady" Parker, 20, of Sanger Street in Philadelphia.
Parker is 5-feet, 8-inches tall and weighs approximately 150 pounds. Officials said he is to be considered armed and dangerous. Anyone with information about his whereabouts is asked to call 610-270-0977.