Amplify Pure Junior Gold Miners ETF
 
Schedule of Investments
 
July 31, 2021 (Unaudited)
 
             
Description
 
Shares
   
Value
 
             
COMMON STOCKS - 99.8%
           
Materials - 99.8%
           
Alamos Gold, Inc.
   
6,267
   
$
50,905
 
Alkane Resources Ltd. (a)
   
63,003
     
53,489
 
Argonaut Gold, Inc. (a)
   
24,000
     
64,597
 
B2Gold Corp.
   
11,666
     
48,875
 
Caledonia Mining Corp. PLC
   
2,811
     
35,728
 
Calibre Mining Corp. (a)
   
18,740
     
22,668
 
Centamin PLC
   
35,788
     
53,266
 
Centerra Gold, Inc.
   
5,586
     
44,881
 
Coeur Mining, Inc. (a)
   
6,836
     
51,543
 
Dacian Gold Ltd. (a)
   
95,451
     
17,540
 
DRDGOLD Ltd. - ADR
   
5,076
     
53,755
 
Dundee Precious Metals, Inc.
   
7,393
     
44,713
 
Eldorado Gold Corp. (a)
   
4,649
     
43,423
 
Equinox Gold Corp. (a)
   
5,888
     
40,940
 
Evolution Mining Ltd.
   
16,636
     
51,114
 
Gold Road Resources Ltd.
   
54,203
     
52,791
 
Gold Standard Ventures Corp. (a)
   
60,819
     
34,484
 
Golden Star Resources Ltd. (a)
   
15,296
     
40,534
 
Gran Colombia Gold Corp.
   
11,171
     
42,506
 
Great Bear Resources Ltd. (a)
   
2,056
     
24,556
 
Great Panther Mining Ltd. (a)
   
61,506
     
38,460
 
Greatland Gold PLC (a)
   
139,392
     
34,885
 
IAMGOLD Corp. (a)
   
15,554
     
42,487
 
Jaguar Mining, Inc.
   
8,454
     
37,585
 
K92 Mining, Inc. (a)
   
8,587
     
61,908
 
Karora Resources, Inc. (a)
   
14,521
     
44,435
 
Koza Altin Isletmeleri AS (a)
   
6,240
     
77,426
 
Lundin Gold, Inc. (a)
   
5,766
     
52,240
 
McEwen Mining, Inc. (a)
   
43,788
     
52,546
 
Novagold Resources, Inc. (a)
   
3,638
     
28,501
 
Novo Resources Corp. (a)
   
11,659
     
20,547
 
OceanaGold Corp. (a)
   
29,740
     
57,891
 
Osisko Gold Royalties Ltd.
   
4,175
     
56,889
 
Osisko Mining, Inc. (a)
   
13,771
     
35,080
 
Pan African Resources PLC
   
129,627
     
31,216
 
Perseus Mining Ltd. (a)
   
55,334
     
68,128
 
Petropavlovsk PLC (a)
   
144,726
     
43,102
 
Pretium Resources, Inc. (a)
   
4,455
     
41,504
 
Ramelius Resources Ltd.
   
40,763
     
51,087
 
Red 5 Ltd. (a)
   
242,735
     
34,792
 
Regis Resources Ltd.
   
21,921
     
41,572
 
Resolute Mining Ltd. (a)
   
136,827
     
54,310
 
Royal Gold, Inc.
   
560
     
68,051
 
Sabina Gold & Silver Corp. (a)
   
19,773
     
30,095
 
Sandstorm Gold Ltd. (a)
   
6,538
     
51,430
 
Seabridge Gold, Inc. (a)
   
2,092
     
37,886
 
Silver Lake Resources Ltd. (a)
   
38,496
     
43,435
 
SSR Mining, Inc.
   
3,374
     
54,893
 
St Barbara Ltd.
   
31,580
     
41,087
 
Torex Gold Resources, Inc. (a)
   
3,656
     
41,089
 
Wesdome Gold Mines Ltd. (a)
   
6,511
     
65,822
 
West African Resources Ltd. (a)
   
67,228
     
52,381
 
Westgold Resources Ltd. (a)
   
29,237
     
37,716
 
Yamana Gold, Inc.
   
11,705
     
52,414
 
             
2,455,198
 
Total Common Stocks (Cost $2,641,505)
           
2,455,198
 
                 
MONEY MARKET FUNDS - 0.2%
               
Invesco Government & Agency Portfolio - institutional Class - 0.03% (b)
   
4,080
     
4,080
 
Total Money Market Funds (Cost $4,080)
           
4,080
 
Total Investments - 100.0%
               
(Cost $2,645,585)
         
$
2,459,278
 

Percentages are based on Net Assets of $2,458,804.
ADR -
American Depositary Receipt
(a)
Non-income producing security.
(b)
Seven-day yield as of July 31, 2021.
                     
For Fund compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or they may be defined by Fund management. This definition may not apply for purposes of this report, which may combine sub-classifications for reporting ease. Industries are shown as a percentage of net assets.
                     
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI, Inc. and S&P and has been licensed for use by U.S. Bank Global Fund Services.



Security Valuation
                 
                     
In accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP, the Funds disclose fair value of their investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The objective of a fair value measurement is to determine the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). Accordingly, the fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The following describes the levels of the fair value hierarchy:
 
Level 1 – Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Funds have the ability to access at the measurement date;
Level 2 – Quoted prices which are not active, or inputs that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and
Level 3 – Prices, inputs or exotic modeling techniques which are both significant to the fair value measurement and unobservable (supported by little or no market activity).
                     
The valuation techniques used by the Funds to measure fair value for the period ended July 31, 2021 maximized the use of observable inputs and minimized the use of unobservable inputs.
                     
For the period ended July 31, 2021, there have been no significant changes to the Fund’s fair valuation methodologies.
                     
Common stocks, preferred stock, and other equity securities listed on any national or foreign exchange (excluding Nasdaq) and the London Stock Exchange Alternative Investment Market (“AIM”) will be valued at the last price on the exchange on which they are principally traded or, for Nasdaq and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the exchange representing the principal market for such securities. Foreign securities and other assets denominated in foreign currencies are translated into U.S. dollars at the current exchange rate, which approximates fair value. Redeemable securities issued by open-end investment companies shall be valued at the investment company’s applicable NAV, with the exception of exchange-traded open-end and closed-end investment companies which are priced as equity securities. Exchange-traded options will be valued at the current mean price where such contracts are principally traded. Securities traded in the over-the-counter market are valued at the mean of the bid and the asked price, if available, and otherwise at their closing bid price. Fixed income securities will be valued using the mean price. Fixed income securities having a remaining maturity of 60 days or less when purchased will be valued at the current market price. If there is no current market price available then the securities will be valued at cost and adjusted for amortization of premiums and accretions of discounts. Swaps will be valued by using the market close price of the underlying holdings. If there is no market price available, then the securities will be valued at the last price.
                     
If no quotation is available from either a pricing service, or one or more brokers or if the pricing committee has reason to question the reliability or accuracy of a quotation supplied, securities are valued at fair value as determined in good faith by the pricing committee, pursuant to procedures established under the general supervision and responsibility of the Fund’s Board of Trustees (the “Board”).
The following is a summary of the fair valuations according to the inputs used to value the Fund’s investments as of July 31, 2021:

   
Category
                             
   
Investments in Securities
                             
   
Assets
                     
     
 
   
Level 1
               
                 
   
   Common Stocks
         
                         
   
Australia
 
$
657,333
                                 
   
Britain
   
66,100
                                 
   
Canada
   
1,284,297
                                 
   
Jersey
   
53,266
                                 
   
Russia
   
43,101
                                 
   
South Africa
   
89,483
                                 
   
Turkey
   
77,426
                                 
   
United States
   
184,192
                                 
   
   Money Market Funds
   
4,080
                                 
   
Total Level 1
   
2,459,278
                                 
   
Level 2
   
-
                                 
   
Total Level 2
   
-
                                 
   
Level 3
   
-
                                 
   
Total Level 3
   
-
                                 
   
Total
 
$
2,459,278
                                 
                                             
See the Schedule of Investments for further disaggregation of investment categories.
 
                                             
For the period ended July 31, 2021, there were no transfers into or out of Level 3 for the Fund.