Amplify Bloomberg AI Value Chain ETF
  
Schedule of Investments
  
December 31, 2024 (Unaudited)
  
   
COMMON STOCKS - 99.7%
  
Shares
    
Value
 
Communication Services - 2.5%
        
Alphabet, Inc. - Class A
    
3,169
    
$
599,891
  
                 
Consumer Discretionary - 4.1%
          
Alibaba Group Holding Ltd.
    
36,100
      
382,937
  
Amazon.com, Inc. (a)
    
2,840
      
623,068
  
             
1,006,005
  
                 
Industrials - 2.3%
          
Vertiv Holdings Co. - Class A
    
5,034
      
571,913
  
                 
Information Technology - 90.8%(b)
          
Advanced Micro Devices, Inc. (a)
    
3,098
      
374,207
  
Advantest Corp.
    
11,200
      
655,495
  
Appian Corp. - Class A (a)
    
15,657
      
516,368
  
Apple, Inc.
    
2,335
      
584,731
  
Arista Networks, Inc. (a)
    
5,348
      
591,114
  
ASML Holding NV
    
634
      
445,570
  
Atlassian Corp. - Class A (a)
    
3,098
      
753,991
  
Broadcom, Inc.
    
2,997
      
694,824
  
Cadence Design System, Inc. (a)
    
1,971
      
592,207
  
Ciena Corp. (a)
    
7,942
      
673,561
  
Confluent, Inc. - Class A (a)
    
25,751
      
719,998
  
Datadog, Inc. - Class A (a)
    
4,316
      
616,713
  
Dell Technologies, Inc. - Class C
    
4,398
      
506,826
  
DigitalOcean Holdings, Inc. (a)
    
12,346
      
420,628
  
Gitlab, Inc. - Class A (a)
    
10,559
      
595,000
  
HashiCorp, Inc. - Class A (a)
    
15,612
      
534,087
  
Hewlett Packard Enterprise Co.
    
25,690
      
548,482
  
Hon Hai Precision Industry Co. Ltd.
    
87,000
      
488,280
  
HP, Inc.
    
14,718
      
480,248
  
Intel Corp.
    
23,448
      
470,132
  
International Business Machines Corp.
    
2,344
      
515,282
  
Juniper Networks, Inc.
    
13,645
      
511,005
  
Lenovo Group Ltd.
    
368,000
      
477,531
  
Marvell Technology, Inc.
    
7,214
      
796,786
  
MediaTek, Inc.
    
14,000
      
604,249
  
Micron Technology, Inc.
    
5,180
      
435,949
  
Microsoft Corp.
    
1,272
      
536,148
  
MongoDB, Inc. (a)
    
1,995
      
464,456
  
Monolithic Power Systems, Inc.
    
566
      
334,902
  
NetApp, Inc.
    
4,292
      
498,215
  
NVIDIA Corp.
    
4,239
      
569,255
  
Oracle Corp.
    
3,100
      
516,584
  
Qualcomm, Inc.
    
3,135
      
481,599
  
Quanta Computer, Inc.
    
64,000
      
560,265
  
Samsung Electronics Co. Ltd.
    
11,619
      
419,883
  
SK Hynix, Inc.
    
4,072
      
481,011
  
Snowflake, Inc. - Class A (a)
    
4,617
      
712,911
  
Super Micro Computer, Inc. (a)
    
12,847
      
391,577
  
Synopsys, Inc. (a)
    
1,061
      
514,967
  
Taiwan Semiconductor Manufacturing Co. Ltd.
    
17,000
      
557,428
  
Western Digital Corporation (a)
    
7,982
      
475,967
  
             
22,118,432
  
TOTAL COMMON STOCKS (Cost $24,111,131)
      
24,296,241
  
                 
SHORT-TERM INVESTMENTS - 0.5%
                
Money Market Funds - 0.5%
                
Invesco Government & Agency Portfolio – Institutional Class, 4.42% (c)
    
110,573
      
110,573
  
TOTAL SHORT-TERM INVESTMENTS (Cost $110,573)
      
110,573
  
                 
TOTAL INVESTMENTS - 100.2% (Cost $24,221,704)
      
24,406,814
  
Liabilities in Excess of Other Assets - (0.2)%
      
(37,241
)
TOTAL NET ASSETS - 100.0%
          
$
24,369,573
  
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.
  

NV - Naamloze Vennootschap

(a)
Non-income producing security.
(b)
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.
(c)
The rate shown represents the 7-day annualized effective yield as of December 31, 2024.
Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)
 
Amplify Global Cloud Technology ETF has adopted authoritative fair value accounting standards which establish an authoritative 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 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 would be based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of December 31, 2024:
 
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
24,296,241
    
$
–
    
$
–
    
$
24,296,241
  
  Money Market Funds
    
110,573
      
–
      
–
      
110,573
  
Total Investments
  
$
24,406,814
    
$
–
    
$
–
    
$
24,406,814
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.