Two Roads Shared Trust - APEX HealthCare ETF (APXH) is an exchange-traded fund that seeks investment results corresponding generally to the performance of a healthcare-focused index, prior to fees and expenses, targeting compounders of value with sustainable growth at reasonable valuations for long-term capital appreciation. The Fund invests primarily in equity securities of U.S. and foreign issuers in the healthcare sector, including emerging markets, with potential exposure to biotechnology, medical distributors, pharmaceuticals, and health industry services; it employs a passive strategy tracking an index of such securities. Shares trade on Nasdaq under the ticker APXH, with creation and redemption in large blocks at net asset value primarily in-kind.
The Trust, organized as a management investment company under the Investment Company Act of 1940, was established in 2012 and maintains its principal executive offices at 225 Pictoria Drive, Suite 450, Cincinnati, OH 45246; it operates a series of investment portfolios, with APXH focused on global healthcare equities. The Fund concentrates investments in the healthcare sector, subjecting it to sector-specific risks such as government regulations, cost fluctuations in medical products, and shifts toward outpatient services. It distributes real-time data via the Consolidated Tape Association and adheres to Nasdaq, BX, and PHLX trading rules.
No major recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts specific to the APEX HealthCare ETF have been announced in the last 1-2 years; the Fund remains operational as of late 2025 with a reported share price around $8.87 and market capitalization of approximately $3.99 million. Holdings data indicates high concentration, with prior snapshots showing substantial cash positions and allocations across large, mid, small, and micro-cap healthcare names globally. The ETF has distributed dividends, including a special payment of $0.0270 in December 2022.