Amplify Lithium & Battery Technology ETF
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 99.3%
  
Shares
    
Value
 
Consumer Discretionary - 20.0%
        
BYD Co. Ltd. - Class H
    
165,594
    
$
2,584,127
  
Foxtron Vehicle Technologies Co. Ltd. (a)
    
313,548
      
450,808
  
Li Auto, Inc. - ADR (a)(b)
    
39,736
      
1,077,243
  
Lucid Group, Inc. (a)(b)
    
214,690
      
452,996
  
NIO, Inc. - ADR (a)(b)
    
160,128
      
549,239
  
QuantumScape Corp. (a)(b)
    
193,171
      
1,298,109
  
Rivian Automotive, Inc. - Class A (a)
    
53,268
      
731,902
  
Tesla, Inc. (a)
    
9,900
      
3,144,834
  
Vinfast Auto Ltd. (a)(b)
    
111,319
      
397,409
  
XPeng, Inc. - ADR (a)(b)
    
42,155
      
753,731
  
Yadea Group Holdings Ltd. (c)(d)
    
270,350
      
432,563
  
Zhejiang Leapmotor Technology Co. Ltd. (a)(c)(d)
    
70,102
      
488,485
  
             
12,361,446
  
                 
Industrials - 15.3%
          
Advanced Energy Solution Holding Co. Ltd.
    
25,095
      
910,609
  
Bloom Energy Corp. - Class A (a)(b)
    
50,115
      
1,198,751
  
Contemporary Amperex Technology Co. Ltd. - Class A
    
113,471
      
3,994,090
  
Ecopro BM Co. Ltd. (a)
    
11,754
      
876,150
  
Ecopro Materials Co. Ltd. (a)
    
19,520
      
656,645
  
EnerSys
    
9,100
      
780,507
  
LG Energy Solution Ltd. (a)
    
4,722
      
1,039,148
  
             
9,455,900
  
                 
Information Technology - 8.7%
          
NAURA Technology Group Co. Ltd. - Class A
    
30,222
      
1,865,114
  
Samsung SDI Co. Ltd.
    
7,892
      
1,010,475
  
Simplo Technology Co. Ltd.
    
65,878
      
868,240
  
TDK Corp.
    
136,570
      
1,607,961
  
             
5,351,790
  
                 
Materials - 55.3%(e)
          
Albemarle Corp. (b)
    
16,789
      
1,052,167
  
Antofagasta PLC
    
42,642
      
1,059,143
  
BHP Group Ltd.
    
155,981
      
3,772,716
  
Capstone Copper Corp. (a)
    
162,206
      
995,808
  
China Nonferrous Mining Corp. Ltd.
    
1,085,429
      
1,008,004
  
First Quantum Minerals Ltd. (a)
    
76,598
      
1,360,680
  
Freeport-McMoRan, Inc.
    
73,551
      
3,188,436
  
Ganfeng Lithium Group Co. Ltd. - Class H (c)(d)
    
360,419
      
1,046,829
  
GMK Norilskiy Nickel PAO - ADR (a)(f)
    
182,937
      
0
  
Grupo Mexico SAB de CV - Class B
    
370,867
      
2,238,306
  
Hudbay Minerals, Inc.
    
107,245
      
1,137,869
  
IGO Ltd.
    
279,801
      
767,910
  
Jiangxi Copper Co. Ltd. - Class H
    
466,808
      
906,267
  
Johnson Matthey PLC
    
45,336
      
1,080,318
  
Leo Lithium Ltd. (f)
    
742,011
      
0
  
Lundin Mining Corp.
    
106,769
      
1,122,770
  
Merdeka Battery Materials Tbk PT (a)
    
32,926,005
      
932,920
  
Mineral Resources Ltd. (a)
    
57,613
      
817,512
  
MMG Ltd. (a)
    
2,378,059
      
1,160,258
  
MP Materials Corp. (a)(b)
    
33,762
      
1,123,262
  
Pilbara Minerals Ltd. (a)
    
805,669
      
707,885
  
Resonac Holdings Corp.
    
44,444
      
1,033,596
  
Sandfire Resources Ltd. (a)
    
120,590
      
890,490
  
Sociedad Quimica y Minera de Chile SA - ADR (b)
    
25,965
      
915,786
  
South32 Ltd.
    
547,208
      
1,048,022
  
Sumitomo Metal Mining Co. Ltd.
    
40,693
      
1,005,986
  
Teck Resources Ltd. - Class B
    
38,944
      
1,572,559
  
Tianqi Lithium Corp. - Class H (a)
    
282,588
      
1,042,162
  
Umicore SA
    
82,262
      
1,209,322
  
             
34,196,983
  
TOTAL COMMON STOCKS (Cost $72,468,492)
      
61,366,119
  
                 
SHORT-TERM INVESTMENTS - 9.2%
          
Value
 
Investments Purchased with Proceeds from Securities Lending - 8.9%
  
Shares
          
First American Government Obligations Fund - Class X, 4.25% (g)
    
5,471,460
      
5,471,460
  
                 
Money Market Funds - 0.3%
  
Shares
          
Invesco Government & Agency Portfolio – Institutional Class, 4.26% (g)
    
212,972
      
212,972
  
TOTAL SHORT-TERM INVESTMENTS (Cost $5,684,432)
      
5,684,432
  
                 
TOTAL INVESTMENTS - 108.5% (Cost $78,152,924)
      
67,050,551
  
Liabilities in Excess of Other Assets - (8.5)%
      
(5,233,479
)
TOTAL NET ASSETS - 100.0%
          
$
61,817,072
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%
   
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
  

ADR - American Depositary Receipt
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of June 30, 2025. The fair value of these securities was $5,249,195.
(c)
Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of June 30, 2025, the value of these securities total $1,967,877 or 3.2% of the Fund’s net assets.
(d)
Security is exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. As of June 30, 2025, the value of these securities total $1,967,877 or 3.2% of the Fund’s net assets.
(e)
To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(f)
Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $0 or 0.0% of net assets as of June 30, 2025.
(g)
The rate shown represents the 7-day annualized effective yield as of June 30, 2025.


Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
 
Amplify Lithium & Battery Technology ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of June 30, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
    
61,366,119
      
–
      
0
      
61,366,119
  
  Investments Purchased with Proceeds from Securities Lending
    
5,471,460
      
–
      
–
      
5,471,460
  
  Money Market Funds
    
212,972
      
–
      
–
      
212,972
  
Total Investments
    
67,050,551
      
–
      
0
      
67,050,551
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  

Secured Borrowings (Unaudited)
The Funds adopted guidance requiring entities to present gross obligations for secured borrowings by the type of collateral pledged and remaining time to maturity. As of June 30, 2025, the Fund had loaned securities and received cash collateral for the loans. The cash collateral is invested by the Securities Lending Agent in accordance with approved investment guidelines. Those guidelines require the cash collateral to be invested in readily marketable, high quality, short-term obligations; however, such investments are subject to risk of payment delays or default on the part of the issuer or counterparty or otherwise may not generate sufficient interest to support the costs associated with securities lending. The Fund could also experience delays in recovering its securities and possible loss of income or value if the borrower fails to return the borrowed securities, although the Fund is indemnified from this risk by contract with the Securities Lending Agent.