Amplify CWP Enhanced Dividend Income ETF
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 90.4%
  
Shares
    
Value
 
Communication Services - 7.4%
        
Meta Platforms, Inc. - Class A
    
332,266
    
$
245,242,212
  
Verizon Communications, Inc.
    
2,129,677
      
92,151,124
  
             
337,393,336
  
                 
Consumer Discretionary - 12.8%
          
Home Depot, Inc. (a)
    
612,343
      
224,509,437
  
McDonald's Corp.
    
629,924
      
184,044,895
  
TJX Cos., Inc.
    
1,450,597
      
179,134,224
  
             
587,688,556
  
                 
Consumer Staples - 5.9%
          
Coca-Cola Co.
    
1,265,630
      
89,543,323
  
Procter & Gamble Co.
    
1,125,964
      
179,388,584
  
             
268,931,907
  
                 
Energy - 3.1%
          
Chevron Corp.
    
974,271
      
139,505,864
  
                 
Financials - 24.2%
          
American Express Co.
    
657,551
      
209,745,618
  
CME Group, Inc.
    
791,986
      
218,287,181
  
Goldman Sachs Group, Inc.
    
317,510
      
224,717,702
  
JPMorgan Chase & Co.
    
768,226
      
222,716,400
  
Visa, Inc. - Class A
    
649,541
      
230,619,532
  
             
1,106,086,433
  
                 
Health Care - 3.9%
          
Amgen, Inc.
    
475,404
      
132,737,551
  
Merck & Co., Inc.
    
578,953
      
45,829,919
  
             
178,567,470
  
                 
Industrials - 14.1%
          
Caterpillar, Inc.
    
537,944
      
208,835,240
  
Honeywell International, Inc.
    
865,829
      
201,634,258
  
RTX Corp.
    
1,604,890
      
234,346,038
  
             
644,815,536
  
                 
Information Technology - 14.5%
          
Apple, Inc. (a)
    
885,595
      
181,697,526
  
International Business Machines Corp.
    
852,353
      
251,256,617
  
Microsoft Corp.
    
461,557
      
229,583,068
  
             
662,537,211
  
                 
Materials - 2.4%
          
Agnico Eagle Mines Ltd. (a)
    
934,374
      
111,125,100
  
                 
Utilities - 2.1%
          
Duke Energy Corp.
    
824,010
      
97,233,180
  
TOTAL COMMON STOCKS (Cost $3,497,316,945)
      
4,133,884,593
  
                 
AFFILIATED EXCHANGE TRADED FUNDS - 3.8%
  
Shares
    
Value
  
Amplify Samsung SOFR ETF (b)(c)
    
1,736,725
      
173,967,743
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $174,197,081)
      
173,967,743
  
                 
SHORT-TERM INVESTMENTS - 5.8%
          
Value
 
Investments Purchased with Proceeds from Securities Lending - 0.0%(d)
  
Shares
          
First American Government Obligations Fund - Class X, 4.25% (e)
    
2,147,250
      
2,147,250
  
                 
Money Market Funds - 5.8%
  
Shares
          
Invesco Government & Agency Portfolio - Institutional Class, 4.26% (e)
    
263,472,591
      
263,472,591
  
TOTAL SHORT-TERM INVESTMENTS (Cost $265,619,841)
      
265,619,841
  
                 
TOTAL INVESTMENTS - 100.0% (Cost $3,937,133,867)
      
4,573,472,177
  
Other Assets in Excess of Other Assets - 0.0% (d)
      
740,262
  
TOTAL NET ASSETS - 100.0%
          
$
4,574,212,439
  
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)
  
Held in connection with written option contracts. See Schedule of Written Options for further information.
(b)
  
All or a portion of this security is on loan as of June 30, 2025. The fair value of these securities was $2,103,570.
(c)
  
Affiliated security as defined by the Investment Company Act of 1940.
(d)
  
Represents less than 0.05% of net assets.
(e)
  
The rate shown represents the 7-day annualized effective yield as of June 30, 2025.


Security Name
Value at
September 30, 2024
Purchases
Sales
Net Realized
Gain (Losses)
Net Change in
Unrealized
Appreciation
(Depreciation)
Dividend Income
Value at
June 30, 2025
Ending Shares
Amplify Samsung SOFR ETF
178,493,023
101,964,528
(106,233,447)
(199,886)
(56,475)
5,958,942
173,967,743
1,736,725
 
 
$    178,493,023
 
$   101,964,528
 
$    (106,233,447)
 
$   (199,886)
 
$    (56,475)
 
$ 5,958,942
 
$  173,967,743
 
1,736,725


   
Amplify CWP Enhanced Dividend Income ETF
  
Schedule of Written Options
  
June 30, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (0.1)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.1)% (a)(b)
  
Agnico Eagle Mines Ltd., Expiration: 07/03/2025; Exercise Price: $130.00
  
$
(59,465,000
)
    
(5,000
)
  
$
(112,500
)
Apple, Inc., Expiration: 07/03/2025; Exercise Price: $215.00
    
(82,068,000
)
    
(4,000
)
    
(82,000
)
Home Depot, Inc.
            
–
    
$
–
  
Expiration: 07/11/2025; Exercise Price: $365.00
    
(146,656,000
)
    
(4,000
)
    
(2,320,000
)
Expiration: 07/11/2025; Exercise Price: $370.00
    
(14,775,592
)
    
(403
)
    
(133,998
)
TOTAL WRITTEN OPTIONS (Premiums received $2,822,811)
                  
$
(2,648,498
)
   
Percentages are stated as a percent of net assets.
  

(a)
100 shares per contract.
(b)
Exchange-traded.


Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
 
Amplify CWP Enhanced Dividend Income 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
    
4,133,884,593
      
–
      
–
      
4,133,884,593
  
  Affiliated Exchange Traded Funds
    
173,967,743
      
–
      
–
      
173,967,743
  
  Investments Purchased with Proceeds from Securities Lending
    
2,147,250
      
–
      
–
      
2,147,250
  
  Money Market Funds
    
263,472,591
      
–
      
–
      
263,472,591
  
Total Investments
    
4,573,472,177
      
–
      
–
      
4,573,472,177
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
    
–
      
(2,648,498
)
    
–
      
(2,648,498
)
Total Investments
    
–
      
(2,648,498
)
    
–
      
(2,648,498
)
   
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