Amplify Etho Climate Leadership U.S. ETF
Schedule of Investments
June 30, 2025 (Unaudited)

COMMON STOCKS - 95.0%	Shares		Value
Communication Services - 4.4%
Alphabet, Inc. - Class A		2,951	$	520,055
Cable One, Inc.		1,716		233,050
Cargurus, Inc. ^(a)		15,652		523,872
Cars.com, Inc. ^(a)		40,462		479,475
Electronic Arts, Inc.		3,157		504,173
Eventbrite, Inc. - Class A ^(a)		216,081		568,293
John Wiley & Sons, Inc. - Class A		10,235		456,788
Netflix, Inc. ^(a)		504		674,922
New York Times Co. - Class A		9,496		531,586
Omnicom Group, Inc.		5,716		411,209
Paramount Global - Class B ^(b)		38,122		491,774
Pinterest, Inc. - Class A ^(a)		14,704		527,285
TEGNA, Inc.		25,020		419,335
T-Mobile US, Inc.		1,712		407,901
				6,749,718

Consumer Discretionary - 13.7%
Asbury Automotive Group, Inc. ^(a)		2,067		493,062
Booking Holdings, Inc.		102		590,502
Boot Barn Holdings, Inc. ^(a)		4,246		645,392
Burlington Stores, Inc. ^(a)		1,916		445,738
Carter's, Inc.		11,147		335,859
Cheesecake Factory, Inc.		9,370		587,124
Chipotle Mexican Grill, Inc. ^(a)		9,083		510,010
Columbia Sportswear Co.		6,025		368,007
Crocs, Inc. ^(a)		4,295		434,998
Deckers Outdoor Corp. ^(a)		4,079		420,423
Dorman Products, Inc. ^(a)		3,785		464,306
Etsy, Inc. ^(a)		9,666		484,847
Five Below, Inc. ^(a)		6,084		798,099
Floor & Decor Holdings, Inc. - Class A ^(a)		5,668		430,541
Frontdoor, Inc. ^(a)		11,871		699,677
Gentherm, Inc. ^(a)		17,054		482,458
G-III Apparel Group Ltd. ^(a)		16,671		373,430
H&R Block, Inc.		8,308		456,026
Haverty Furniture Cos., Inc.		23,124		470,573
Helen of Troy Ltd. ^(a)		8,522		241,854
Home Depot, Inc.		1,247		457,200
Installed Building Products, Inc.		2,660		479,651
iRobot Corp. ^(a)(b)		168,749		528,184
Kontoor Brands, Inc.		7,111		469,113
La-Z-Boy, Inc.		11,666		433,625
LCI Industries		5,216		475,647
Levi Strauss & Co. - Class A		29,242		540,685
Lithia Motors, Inc.		1,556		525,648
Meritage Homes Corp.		6,675		447,025
Modine Manufacturing Co. ^(a)		5,942		585,287
Movado Group, Inc.		27,871		425,033
O'Reilly Automotive, Inc. ^(a)		4,785		431,272
Planet Fitness, Inc. - Class A ^(a)		4,722		514,934
Pool Corp.		1,434		417,982
Ralph Lauren Corp.		2,067		566,937
RH ^(a)		1,944		367,435
Rivian Automotive, Inc. - Class A ^(a)		36,619		503,145
Ross Stores, Inc.		3,571		455,588
Steven Madden Ltd.		17,110		410,298
TJX Cos., Inc.		3,744		462,347
Visteon Corp. ^(a)		5,876		548,231
Wayfair, Inc. - Class A ^(a)		14,232		727,825
YETI Holdings, Inc. ^(a)		13,775		434,188
				20,940,206

Consumer Staples - 3.6%
elf Beauty, Inc. ^(a)		7,261		903,559
Estee Lauder Cos., Inc. - Class A		6,908		558,166
Hain Celestial Group, Inc. ^(a)		109,868		166,999
Marzetti Co.		2,606		450,239
Performance Food Group Co. ^(a)		5,800		507,326
PriceSmart, Inc.		5,193		545,473
Sprouts Farmers Market, Inc. ^(a)		2,989		492,109
SunOpta, Inc. ^(a)		93,783		543,941
TreeHouse Foods, Inc. ^(a)		16,832		326,878
USANA Health Sciences, Inc. ^(a)		16,906		516,140
Walmart, Inc.		5,197		508,163
				5,518,993

Financials - 14.8%
Ally Financial, Inc.		12,500		486,875
Amerant Bancorp, Inc.		22,088		402,664
American Express Co.		1,696		540,990
Arthur J Gallagher & Co.		1,322		423,199
Associated Banc-Corp.		20,233		493,483
Bank of Hawaii Corp.		6,611		446,441
Bank OZK		10,495		493,895
BankUnited, Inc.		13,238		471,140
Banner Corp.		7,151		458,737
BOK Financial Corp.		4,377		427,327
Brown & Brown, Inc.		3,666		406,449
Camden National Corp.		11,268		457,255
Cass Information Systems, Inc.		10,545		458,180
Cohen & Steers, Inc.		5,682		428,139
Columbia Banking System, Inc.		18,278		427,340
Comerica, Inc.		7,720		460,498
Commerce Bancshares, Inc./MO		7,329		455,644
Essent Group Ltd.		7,902		479,888
First Busey Corp.		21,110		483,102
First Citizens BancShares, Inc./NC - Class A		248		485,205
First Financial Bancorp		18,252		442,794
First Financial Bankshares, Inc.		12,692		456,658
First Horizon Corp.		23,474		497,649
Global Payments, Inc.		4,657		372,746
Hamilton Lane, Inc. - Class A		3,068		436,024
Hancock Whitney Corp.		8,692		498,921
Huntington Bancshares, Inc./OH		30,368		508,968
Jack Henry & Associates, Inc.		2,497		449,884
LPL Financial Holdings, Inc.		1,396		523,458
M&T Bank Corp.		2,641		512,328
Mastercard, Inc. - Class A		832		467,534
MGIC Investment Corp.		19,092		531,521
NMI Holdings, Inc. - Class A ^(a)		13,090		552,267
OneMain Holdings, Inc.		9,326		531,582
Pacific Premier Bancorp, Inc.		21,385		451,010
PayPal Holdings, Inc. ^(a)		6,988		519,348
Piper Sandler Cos.		1,842		511,965
Primerica, Inc.		1,605		439,240
Prosperity Bancshares, Inc.		6,390		448,834
Selective Insurance Group, Inc.		4,983		431,777
Southside Bancshares, Inc.		15,747		463,434
Visa, Inc. - Class A		1,301		461,920
W R Berkley Corp.		6,408		470,796
WaFd, Inc.		15,954		467,133
Webster Financial Corp.		8,842		482,773
Wintrust Financial Corp.		4,056		502,863
WSFS Financial Corp.		8,790		483,450
Zions Bancorp NA		9,145		474,991
				22,578,319

Health Care - 12.6%
Agios Pharmaceuticals, Inc. ^(a)		15,560		517,526
Alnylam Pharmaceuticals, Inc. ^(a)		1,690		551,092
Amgen, Inc.		1,464		408,763
Amicus Therapeutics, Inc. ^(a)		55,867		320,118
Arrowhead Pharmaceuticals, Inc. ^(a)		35,775		565,245
AtriCure, Inc. ^(a)		14,138		463,302
Axsome Therapeutics, Inc. ^(a)		3,909		408,061
Bruker Corp.		10,924		450,069
Catalyst Pharmaceuticals, Inc. ^(a)		18,802		408,003
Corcept Therapeutics, Inc. ^(a)		3,989		292,793
Cytokinetics, Inc. ^(a)		11,344		374,806
DexCom, Inc. ^(a)		6,677		582,835
Edwards Lifesciences Corp. ^(a)		6,292		492,097
Encompass Health Corp.		4,504		552,326
Exact Sciences Corp. ^(a)		10,538		559,989
Exelixis, Inc. ^(a)		12,352		544,414
Glaukos Corp. ^(a)		4,632		478,439
Globus Medical, Inc. - Class A ^(a)		6,232		367,813
Haemonetics Corp. ^(a)		7,176		535,401
Halozyme Therapeutics, Inc. ^(a)		7,147		371,787
IDEXX Laboratories, Inc. ^(a)		1,088		583,538
Insulet Corp. ^(a)		1,738		546,045
Integer Holdings Corp. ^(a)		3,865		475,279
Intuitive Surgical, Inc. ^(a)		923		501,567
Ironwood Pharmaceuticals, Inc. ^(a)		310,079		222,389
Lantheus Holdings, Inc. ^(a)		4,675		382,695
Masimo Corporation ^(a)		2,739		460,755
Medpace Holdings, Inc. ^(a)		1,499		470,476
Merit Medical Systems, Inc. ^(a)		4,315		403,366
Moderna, Inc. ^(a)		16,746		462,022
Neogen Corp. ^(a)		55,070		263,235
Neurocrine Biosciences, Inc. ^(a)		4,263		535,816
Penumbra, Inc. ^(a)		1,708		438,324
Premier, Inc. - Class A		23,657		518,798
Protagonist Therapeutics, Inc. ^(a)		9,429		521,141
Regeneron Pharmaceuticals, Inc.		721		378,525
Repligen Corp. ^(a)		3,586		446,027
Ultragenyx Pharmaceutical, Inc. ^(a)		12,591		457,809
United Therapeutics Corp. ^(a)		1,480		425,278
Veeva Systems, Inc. - Class A ^(a)		1,971		567,609
Vertex Pharmaceuticals, Inc. ^(a)		941		418,933
Waters Corp. ^(a)		1,239		432,461
				19,156,967

Industrials - 13.8%
AAON, Inc.		5,837		430,479
Alamo Group, Inc.		2,559		558,834
Atkore, Inc.		7,601		536,251
Automatic Data Processing, Inc.		1,494		460,750
AZZ, Inc.		5,456		515,483
Bloom Energy Corp. - Class A ^(a)		23,190		554,705
Brady Corp. - Class A		6,455		438,746
Builders FirstSource, Inc. ^(a)		3,650		425,918
Dayforce, Inc. ^(a)		7,816		432,928
Ennis, Inc.		22,699		411,760
Forward Air Corp. ^(a)		22,662		556,125
Franklin Covey Co. ^(a)		16,494		376,393
Franklin Electric Co., Inc.		4,858		435,957
HNI Corp.		10,283		505,718
Hub Group, Inc. - Class A		12,267		410,086
Illinois Tool Works, Inc.		1,839		454,693
JBT Marel Corp.		3,732		448,810
Johnson Controls International PLC		5,692		601,189
Kadant, Inc.		1,353		429,510
Kelly Services, Inc. - Class A		34,621		405,412
Lennox International, Inc.		815		467,191
Liquidity Services, Inc. ^(a)		14,706		346,915
Matson, Inc.		3,558		396,183
MSA Safety, Inc.		3,222		539,782
MYR Group, Inc. ^(a)		4,138		750,840
NORDSON Corp.		2,342		502,055
Paychex, Inc.		2,958		430,271
Paycom Software, Inc.		2,087		482,932
Resideo Technologies, Inc. ^(a)		25,758		568,221
Robert Half, Inc.		8,359		343,137
Rockwell Automation, Inc.		1,767		586,944
Rush Enterprises, Inc. - Class A		8,538		439,792
SiteOne Landscape Supply, Inc. ^(a)		3,755		454,130
SS&C Technologies Holdings, Inc.		5,460		452,088
Steelcase, Inc. - Class A		42,000		438,060
Sunrun, Inc. ^(a)(b)		77,852		636,829
Thermon Group Holdings, Inc. ^(a)		16,372		459,726
Trex Co., Inc. ^(a)		7,850		426,883
TriNet Group, Inc.		5,756		420,994
United Rentals, Inc.		728		548,475
Verisk Analytics, Inc.		1,533		477,529
Watts Water Technologies, Inc. - Class A		2,236		549,810
WW Grainger, Inc.		464		482,671
Xylem, Inc./NY		3,817		493,767
				21,084,972

Information Technology - 27.8%^(c)
A10 Networks, Inc.		27,905		539,962
ACI Worldwide, Inc. ^(a)		8,335		382,660
Adobe, Inc. ^(a)		1,191		460,774
Advanced Micro Devices, Inc. ^(a)		4,437		629,610
Amkor Technology, Inc.		25,241		529,809
Analog Devices, Inc.		2,262		538,401
Ansys, Inc. ^(a)		1,442		506,459
Apple, Inc.		2,053		421,214
Applied Industrial Technologies, Inc.		2,026		470,944
Applied Materials, Inc.		3,143		575,389
Arista Networks, Inc. ^(a)		5,884		601,992
Asana, Inc. - Class A ^(a)		31,298		422,523
Autodesk, Inc. ^(a)		1,743		539,580
Badger Meter, Inc.		2,397		587,145
BILL Holdings, Inc. ^(a)		9,934		459,547
BlackLine, Inc. ^(a)		9,416		533,134
Box, Inc. - Class A ^(a)		14,776		504,896
Cadence Design System, Inc. ^(a)		1,794		552,821
Calix, Inc. ^(a)		12,866		684,343
CDW Corp./DE		2,847		508,446
Ciena Corp. ^(a)		7,545		613,635
Cisco Systems, Inc.		7,388		512,579
Cloudflare, Inc. - Class A ^(a)		4,158		814,261
Cognex Corp.		15,282		484,745
Cohu, Inc. ^(a)		30,998		596,402
CTS Corp.		10,972		467,517
Datadog, Inc. - Class A ^(a)		4,596		617,381
Docusign, Inc. ^(a)		5,603		436,418
Dropbox, Inc. - Class A ^(a)		17,073		488,288
Dynatrace, Inc. ^(a)		9,672		533,991
Enphase Energy, Inc. ^(a)		7,349		291,388
Entegris, Inc.		5,209		420,106
Extreme Networks, Inc. ^(a)		34,455		618,467
F5, Inc. ^(a)		1,715		504,759
FormFactor, Inc. ^(a)		16,116		554,552
Gartner, Inc. ^(a)		1,089		440,196
GoDaddy, Inc. - Class A ^(a)		2,533		456,092
HubSpot, Inc. ^(a)		799		444,747
Insight Enterprises, Inc. ^(a)		3,162		436,625
InterDigital, Inc.		2,207		494,876
International Business Machines Corp.		1,834		540,626
IPG Photonics Corp. ^(a)		7,221		495,722
Juniper Networks, Inc.		12,601		503,158
KLA Corp.		673		602,833
Lattice Semiconductor Corp. ^(a)		8,687		425,576
Littelfuse, Inc.		2,318		525,560
Lumentum Holdings, Inc. ^(a)		7,313		695,174
Marvell Technology, Inc.		7,673		593,890
MaxLinear, Inc. ^(a)		43,350		616,003
Microsoft Corp.		1,254		623,752
MKS, Inc.		5,687		565,060
MongoDB, Inc. ^(a)		2,600		545,974
Monolithic Power Systems, Inc.		811		593,149
NetApp, Inc.		5,360		571,108
NetScout Systems, Inc. ^(a)		22,429		556,463
Novanta, Inc. ^(a)		3,694		476,267
Nutanix, Inc. - Class A ^(a)		6,738		515,053
NVIDIA Corp.		4,334		684,729
Okta, Inc. ^(a)		4,469		446,766
Power Integrations, Inc.		9,028		504,665
Progress Software Corp.		8,857		565,431
PTC, Inc. ^(a)		2,944		507,369
Pure Storage, Inc. - Class A ^(a)		10,297		592,901
Qualcomm, Inc.		2,968		472,684
Rambus, Inc. ^(a)		8,805		563,696
RingCentral, Inc. - Class A ^(a)		18,413		522,009
Rogers Corp. ^(a)		6,755		462,582
Roper Technologies, Inc.		776		439,868
Salesforce, Inc.		1,701		463,846
ScanSource, Inc. ^(a)		13,407		560,547
ServiceNow, Inc. ^(a)		590		606,567
Teradyne, Inc.		5,519		496,268
Texas Instruments, Inc.		2,539		527,147
Trimble, Inc. ^(a)		6,945		527,681
Twilio, Inc. - Class A ^(a)		4,657		579,145
Universal Display Corp.		3,379		521,920
VeriSign, Inc.		1,798		519,262
Workday, Inc. - Class A ^(a)		1,954		468,960
Zoom Communications, Inc. - Class A ^(a)		6,183		482,150
Zscaler, Inc. ^(a)		2,298		721,434
				42,359,669

Materials - 1.9%
AptarGroup, Inc.		3,073		480,709
Balchem Corp.		2,749		437,641
Carpenter Technology Corporation		2,517		695,649
Element Solutions, Inc.		20,160		456,624
Kronos Worldwide, Inc.		60,946		377,865
Stepan Co.		8,283		452,086
				2,900,574

Real Estate - 0.3%
CoStar Group, Inc. ^(a)		5,757		462,863

Utilities - 2.1%
American States Water Co.		5,797		444,398
American Water Works Co., Inc.		3,093		430,267
California Water Service Group		9,412		428,058
Clearway Energy, Inc. - Class A		16,020		484,765
Middlesex Water Co.		7,430		402,557
Ormat Technologies, Inc.		6,446		539,917
XPLR Infrastructure LP		47,988		393,502
				3,123,464
TOTAL COMMON STOCKS (Cost $135,282,758)				144,875,745

REAL ESTATE INVESTMENT TRUSTS - COMMON - 4.7%	Shares		Value
Financials - 0.3%
AGNC Investment Corp. ^(b)		47,591		437,361

Real Estate - 4.4%
Agree Realty Corp. ^(b)		5,909		431,712
American Assets Trust, Inc.		22,639		447,120
Apple Hospitality REIT, Inc. ^(b)		35,311		412,079
Cousins Properties, Inc.		15,454		464,084
First Industrial Realty Trust, Inc.		8,449		406,650
Hudson Pacific Properties, Inc.		154,486		423,292
Kimco Realty Corp.		21,468		451,257
Prologis, Inc.		4,079		428,785
Realty Income Corp.		8,182		471,365
Rexford Industrial Realty, Inc.		11,646		414,248
Ryman Hospitality Properties, Inc.		4,988		492,166
Simon Property Group, Inc.		2,747		441,608
Sunstone Hotel Investors, Inc.		48,444		420,494
WP Carey, Inc.		7,227		450,820
Xenia Hotels & Resorts, Inc.		38,757		487,176
				6,642,855
TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $7,852,094)				7,080,217

SHORT-TERM INVESTMENTS - 2.0%			Value
Investments Purchased with Proceeds from Securities Lending - 1.7%	Shares
First American Government Obligations Fund - Class X, 4.25% ^(d)		2,611,368		2,611,368

Money Market Funds - 0.3%	Shares
Invesco Government & Agency Portfolio - Institutional Class, 4.26% ^(d)		465,085		465,085
TOTAL SHORT-TERM INVESTMENTS (Cost $3,076,453)				3,076,453

TOTAL INVESTMENTS - 101.7% (Cost $146,211,305)				155,032,415
Liabilities in Excess of Other Assets - (1.7)%				(2,574,900	)
TOTAL NET ASSETS - 100.0%			$	152,457,515
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.

LP - Limited Partnership

PLC - Public Limited Company

REIT - Real Estate Investment Trust

(a)	Non-income producing security.
(b)	All or a portion of this security is on loan as of June 30, 2025. The fair value of these securities was $2,548,832.
(c)	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.
(d)	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 Etho Climate Leadership U.S. 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

144,875,745

–

144,875,745

Real Estate Investment Trusts - Common

7,080,217

–

7,080,217

Investments Purchased with Proceeds from Securities Lending

2,611,368

–

2,611,368

Money Market Funds

465,085

–

465,085

Total Investments

155,032,415

–

155,032,415

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.