Amplify Cash Flow Dividend Leaders ETF
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 99.1%
  
Shares
    
Value
 
Communication Services - 16.0%
        
Comcast Corp. - Class A
    
11,856
    
$
423,141
  
Fox Corp. - Class A
    
7,532
      
422,093
  
Interpublic Group of Cos., Inc.
    
16,138
      
395,058
  
Match Group, Inc.
    
13,225
      
408,520
  
Nexstar Media Group, Inc.
    
2,419
      
418,366
  
Omnicom Group, Inc.
    
5,690
      
409,339
  
Sirius XM Holdings, Inc.
    
18,465
      
424,141
  
Warner Bros Discovery, Inc. (a)
    
39,687
      
454,813
  
             
3,355,471
  
                 
Consumer Discretionary - 21.9%
          
Abercrombie & Fitch Co. - Class A (a)
    
5,279
      
437,365
  
Bath & Body Works, Inc.
    
15,884
      
475,884
  
Best Buy Co., Inc.
    
5,676
      
381,030
  
Crocs, Inc. (a)
    
3,999
      
405,019
  
Expedia Group, Inc.
    
2,407
      
406,013
  
Gap, Inc.
    
18,664
      
407,062
  
Gentex Corp.
    
13,491
      
296,667
  
Lear Corp.
    
4,437
      
421,426
  
PVH Corp.
    
6,340
      
434,924
  
Tapestry, Inc.
    
6,378
      
560,052
  
VF Corp.
    
32,205
      
378,409
  
             
4,603,851
  
                 
Consumer Staples - 2.3%
          
Molson Coors Beverage Co. - Class B
    
10,072
      
484,363
  
                 
Energy - 17.9%
          
APA Corp.
    
21,271
      
389,047
  
EOG Resources, Inc.
    
2,351
      
281,203
  
Halliburton Co.
    
17,324
      
353,063
  
Magnolia Oil & Gas Corp. - Class A
    
16,123
      
362,445
  
Matador Resources Co.
    
10,635
      
507,502
  
NOV, Inc.
    
31,198
      
387,791
  
Ovintiv, Inc.
    
10,268
      
390,697
  
Permian Resources Corp.
    
29,129
      
396,737
  
Schlumberger NV
    
11,579
      
391,370
  
Valero Energy Corp.
    
2,337
      
314,140
  
             
3,773,995
  
                 
Financials - 8.4%
          
Fidelity National Financial, Inc.
    
9,370
      
525,282
  
First American Financial Corp.
    
6,294
      
386,389
  
Global Payments, Inc.
    
5,238
      
419,249
  
WEX, Inc. (a)
    
2,967
      
435,823
  
             
1,766,743
  
                 
Health Care - 1.3%
          
Zimmer Biomet Holdings, Inc.
    
3,025
      
275,910
  
                 
Industrials - 15.3%
          
Allison Transmission Holdings, Inc.
    
3,580
      
340,064
  
FedEx Corp.
    
2,327
      
528,950
  
Genpact Ltd.
    
11,890
      
523,279
  
Oshkosh Corp.
    
3,010
      
341,755
  
Owens Corning
    
3,786
      
520,651
  
Timken Co.
    
5,685
      
412,447
  
WESCO International, Inc.
    
2,934
      
543,377
  
             
3,210,523
  
                 
Information Technology - 8.4%
          
Dell Technologies, Inc. - Class C
    
4,686
      
574,503
  
NetApp, Inc.
    
3,109
      
331,264
  
QUALCOMM, Inc.
    
3,269
      
520,621
  
Vontier Corp.
    
9,393
      
346,602
  
             
1,772,990
  
                 
Materials - 5.5%
          
Alcoa Corp.
    
18,141
      
535,341
  
Cabot Corp.
    
4,240
      
318,000
  
Sealed Air Corp.
    
10,131
      
314,365
  
             
1,167,706
  
                 
Utilities - 2.1%
          
NRG Energy, Inc.
    
2,798
      
449,303
  
TOTAL COMMON STOCKS (Cost $21,250,070)
      
20,860,855
  
                 
SHORT-TERM INVESTMENTS - 0.8%
          
Value
 
Money Market Funds - 0.8%
  
Shares
          
Invesco Government & Agency Portfolio - Institutional Class, 4.26% (b)
    
161,147
      
161,147
  
TOTAL SHORT-TERM INVESTMENTS (Cost $161,147)
      
161,147
  
                 
TOTAL INVESTMENTS - 99.9% (Cost $21,411,217)
      
21,022,002
  
Other Assets in Excess of Liabilities - 0.1%
      
11,610
  
TOTAL NET ASSETS - 100.0%
          
$
21,033,612
  
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.
  

(a)
Non-income producing security.
(b)
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 Cash Flow Dividend Leaders 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
    
20,860,855
      
–
      
–
      
20,860,855
  
  Money Market Funds
    
161,147
      
–
      
–
      
161,147
  
Total Investments
    
21,022,002
      
–
      
–
      
21,022,002
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.