Amplify Travel Tech ETF
  
Schedule of Investments
  
as of June 30, 2024 (Unaudited)
  
   
COMMON STOCKS - 97.7%
  
Shares
    
Value
  
Communication Services - 3.9%
        
TripAdvisor, Inc.(a)
    
164,055
    
$
2,921,819
  
Trivago NV - ADR
    
15,056
      
30,263
  
             
2,952,082
  
                 
Consumer Discretionary - 73.8%(b)
          
Adventure, Inc.(a)(c)
    
17,637
      
567,945
  
Airbnb, Inc. - Class A(a)
    
23,165
      
3,512,509
  
Airtrip Corp.
    
93,832
      
807,308
  
Amadeus IT Group SA
    
43,510
      
2,897,713
  
Booking Holdings, Inc.
    
894
      
3,541,581
  
Corporate Travel Management Ltd.
    
339,767
      
3,008,876
  
CVC Brasil Operadora e Agencia de Viagens SA(a)
    
2,939,537
      
1,042,567
  
Despegar.com Corp.(a)
    
207,032
      
2,739,033
  
eDreams ODIGEO SA(a)
    
403,120
      
2,808,295
  
Expedia Group, Inc.(a)
    
28,304
      
3,566,021
  
Global Business Travel Group I(a)
    
458,607
      
3,026,806
  
Hana Tour Service, Inc.
    
68,384
      
2,906,258
  
Hostelworld Group PLC(a)(d)(e)
    
888,600
      
1,830,938
  
Lastminute.com NV
    
5,904
      
131,405
  
MakeMyTrip Ltd.(a)
    
37,276
      
3,134,912
  
Mondee Holdings, Inc.(a)(c)
    
294,078
      
705,787
  
On the Beach Group PLC(d)(e)
    
1,430,154
      
2,480,370
  
Open Door, Inc.(a)
    
8,303
      
33,860
  
Sabre Corp.(a)
    
1,015,706
      
2,711,935
  
Tongcheng Travel Holdings Ltd.(e)
    
1,336,668
      
2,660,530
  
Trainline PLC(a)(d)(e)
    
744,518
      
2,958,948
  
TravelSky Technology Ltd. - Class H
    
2,273,860
      
2,667,797
  
Trip.com Group Ltd. - ADR(a)
    
58,158
      
2,733,426
  
Webjet Ltd.(a)
    
546,095
      
3,275,097
  
             
55,749,917
  
                 
Industrials - 10.9%
          
Blade Air Mobility, Inc.(a)
    
560,837
      
1,951,713
  
Lyft, Inc. - Class A(a)
    
192,913
      
2,720,073
  
Uber Technologies, Inc.(a)
    
49,423
      
3,592,064
  
             
8,263,850
  
                 
Information Technology - 9.1%
          
accesso Technology Group PLC(a)
    
341,150
      
3,139,470
  
Serko Ltd.(a)
    
247,147
      
481,918
  
SiteMinder Ltd.(a)
    
960,729
      
3,265,865
  
             
6,887,253
  
TOTAL COMMON STOCKS (Cost $92,462,144)
      
73,853,102
  
                 
SHORT-TERM INVESTMENTS - 3.9%
                
Investments Purchased with Proceeds from Securities Lending - 1.5%
                
First American Government Obligations Fund - Class X, 4.65%(f)
    
1,139,300
      
1,139,300
  
                 
Money Market Funds - 2.4%
                
Invesco Government & Agency Portfolio - Institutional Class, 5.25%(f)
    
1,770,184
      
1,770,184
  
TOTAL SHORT-TERM INVESTMENTS (Cost $2,909,484)
      
2,909,484
  
                 
TOTAL INVESTMENTS - 101.6% (Cost $95,371,628)
    
$
76,762,586
  
Liabilities in Excess of Other Assets - (1.6)%
      
(1,211,402
)
TOTAL NET ASSETS - 100.0%
          
$
75,551,184
  
               
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
NV - Naamloze Vennootschap
PLC - Public Limited Company
SA - Sociedad Anónima

(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)
All or a portion of this security is on loan as of June 30, 2024. The total market value of these securities was $1,088,345 which represented 1.4% of net assets.
(d)
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, 2024, the value of these securities total $7,270,256 or 9.6% of the Fund’s net assets.
(e)
Security is exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. As of June 30, 2024, the value of these securities total $9,930,786 or 13.1% of the Fund’s net assets.
(f)
The rate shown represents the 7-day effective yield as of June 30, 2024.


Summary of Fair Value Disclosure as of June 30, 2024 (Unaudited)
 
Amplify Travel Tech 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 June 30, 2024:
 
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
    
73,853,102
      
–
      
–
      
73,853,102
  
  Investments Purchased with Proceeds from Securities Lending
    
1,139,300
      
–
      
–
      
1,139,300
  
  Money Market Funds
    
1,770,184
      
–
      
–
      
1,770,184
  
Total Investments
    
76,762,586
      
–
      
–
      
76,762,586
  
   
Refer to the Schedule of Investments for additional information.
  
                                 
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, 2024, 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.

Allocation of Portfolio Holdings by Country as of June 30, 2024
  
(% of Net Assets)
  
United States
  
$
31,159,792
      
41.3
%
Australia
    
9,549,838
      
12.6
  
United Kingdom
    
8,578,788
      
11.4
  
China
    
8,061,753
      
10.6
  
Spain
    
5,706,008
      
7.5
  
India
    
3,134,912
      
4.2
  
South Korea
    
2,906,258
      
3.9
  
Argentina
    
2,739,033
      
3.6
  
Ireland
    
1,830,938
      
2.4
  
Japan
    
1,409,113
      
1.9
  
Brazil
    
1,042,567
      
1.4
  
New Zealand
    
481,918
      
0.6
  
Switzerland
    
131,405
      
0.2
  
Germany
    
30,263
      
0.0
  
Liabilities in Excess of Other Assets
    
(1,211,402
)
    
(1.6
)
   
$
75,551,184
      
100.0
%