Amplify Global Cloud Technology ETF
 
Schedule of Investments
 
as of June 30, 2024 (Unaudited)
 
   
COMMON STOCKS - 96.0%
 
Shares
   
Value
 
Communication Services - 0.4%
       
KINX, Inc.
   
1,777
   
$
107,537
 
                 
Information Technology - 95.6%(a)
         
8x8, Inc.(b)
   
7,197
     
15,977
 
Appfolio, Inc. - Class A(b)
   
2,078
     
508,216
 
Appian Corp. - Class A(b)
   
4,146
     
127,946
 
Backblaze, Inc. - Class A(b)
   
2,382
     
14,673
 
Blackbaud, Inc.(b)
   
2,963
     
225,692
 
Box, Inc. - Class A(b)
   
8,351
     
220,800
 
Bytes Technology Group PLC
   
87,630
     
614,234
 
Chinasoft International Ltd.
   
1,030,842
     
542,660
 
Cloudflare, Inc. - Class A(b)
   
11,432
     
946,913
 
CommVault Systems, Inc.(b)
   
2,491
     
302,831
 
Confluent, Inc. - Class A(b)
   
18,245
     
538,775
 
Cybozu, Inc.
   
19,145
     
237,914
 
Data#3 Ltd.
   
56,428
     
315,428
 
Datadog, Inc. - Class A(b)
   
7,430
     
963,597
 
DigitalOcean Holdings, Inc.(b)
   
5,228
     
181,673
 
Domo, Inc. - Class B(b)
   
2,190
     
16,907
 
Dropbox, Inc. - Class A(b)
   
18,954
     
425,896
 
Elastic NV(b)
   
11,427
     
1,301,650
 
Everbridge, Inc.(b)
   
2,388
     
83,556
 
Fastly, Inc. - Class A(b)
   
7,840
     
57,781
 
GDS Holdings Ltd. - ADR(b)(c)
   
68,352
     
634,990
 
Gitlab, Inc. - Class A(b)
   
9,121
     
453,496
 
Grid Dynamics Holdings, Inc.(b)
   
4,391
     
46,149
 
HashiCorp, Inc. - Class A(b)
   
11,540
     
388,783
 
Hennge KK(b)
   
11,906
     
69,722
 
Informatica, Inc. - Class A(b)
   
17,199
     
531,105
 
Intapp, Inc.(b)
   
4,214
     
154,527
 
Ionos SE(b)
   
44,400
     
1,208,681
 
Jamf Holding Corp.(b)
   
7,372
     
121,638
 
JFrog Ltd.(b)
   
6,223
     
233,674
 
Kingsoft Cloud Holdings Ltd. - ADR(b)(c)
   
92,398
     
231,919
 
Kyndryl Holdings, Inc.(b)
   
13,232
     
348,134
 
Megaport Ltd.(b)
   
57,872
     
433,652
 
MicroStrategy, Inc. - Class A(b)
   
492
     
677,720
 
MongoDB, Inc.(b)
   
3,544
     
885,858
 
N-able, Inc.(b)
   
10,672
     
162,535
 
nCino, Inc.(b)
   
6,605
     
207,727
 
NetApp, Inc.
   
6,705
     
863,604
 
NEXTDC Ltd.(b)
   
108,690
     
1,279,739
 
Nice, Ltd.(b)
   
7,726
     
1,263,535
 
NS Solutions Corp.
   
66,680
     
1,128,743
 
Nutanix, Inc. - Class A(b)
   
14,025
     
797,321
 
Okta, Inc.(b)
   
9,288
     
869,450
 
Open Text Corp.
   
46,017
     
1,381,502
 
PagerDuty, Inc.(b)
   
5,486
     
125,794
 
Pure Storage, Inc. - Class A(b)
   
12,719
     
816,687
 
Rackspace Technology, Inc.(b)
   
12,850
     
38,293
 
RingCentral, Inc. - Class A(b)
   
5,290
     
149,178
 
Samsara, Inc. - Class A(b)
   
23,364
     
787,367
 
SCSK Corp.
   
66,376
     
1,325,787
 
Sinch AB(b)(d)(e)
   
307,145
     
745,371
 
Smartsheet, Inc. - Class A(b)
   
7,901
     
348,276
 
SolarWinds Corp.
   
9,654
     
116,331
 
SP Soft Co. Ltd.(b)
   
7,720
     
79,920
 
Super Micro Computer, Inc.(b)
   
1,047
     
857,859
 
TechMatrix Corp.
   
16,211
     
201,756
 
Teradata Corp.(b)
   
5,550
     
191,808
 
Unisys Corp.(b)
   
3,973
     
16,408
 
Vnet Group, Inc. - ADR(b)
   
95,868
     
200,843
 
Zeta Global Holdings Corp. - Class A(b)
   
12,559
     
221,666
 
             
28,240,667
 
TOTAL COMMON STOCKS (Cost $27,420,431)
     
28,348,204
 
                 
REAL ESTATE INVESTMENT TRUSTS - 3.7%
               
Digital Core REIT Management Pte Ltd.
   
476,360
     
271,525
 
Keppel DC REIT
   
626,991
     
832,750
 
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $1,342,901)
     
1,104,275
 
                 
SHORT-TERM INVESTMENTS - 3.1%
               
Investments Purchased with Proceeds from Securities Lending - 2.8%
               
First American Government Obligations Fund - Class X, 4.65%(f)
   
825,112
     
825,112
 
                 
Money Market Funds - 0.3%
               
Invesco Government & Agency Portfolio - Institutional Class, 5.25%(f)
   
98,587
     
98,587
 
TOTAL SHORT-TERM INVESTMENTS (Cost $923,699)
     
923,699
 
                 
TOTAL INVESTMENTS - 102.8% (Cost $29,687,031)
   
$
30,376,178
 
Liabilities in Excess of Other Assets - (2.8)%
     
(828,725
)
TOTAL NET ASSETS - 100.0%
         
$
29,547,453
 
               
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

(a)
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.
(b)
Non-income producing security.
(c)
All or a portion of this security is on loan as of June 30, 2024. The total market value of these securities was $776,569 which represented 2.6% 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 $745,371 or 2.5% 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 $745,371 or 2.5% 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 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 June 30, 2024:
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Investments:
                       
  Common Stocks
   
28,348,204
     
     
     
28,348,204
 
  Real Estate Investment Trusts
   
1,104,275
     
     
     
1,104,275
 
  Investments Purchased with Proceeds from Securities Lending
   
825,112
     
     
     
825,112
 
  Money Market Funds
   
98,587
     
     
     
98,587
 
Total Investments
   
30,376,178
     
     
     
30,376,178
 
   
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.