Amplify CWP Growth & Income ETF
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 97.9%
  
Shares
    
Value
 
Communication Services - 21.2%
        
Alphabet, Inc. - Class A
    
24,748
    
$
4,361,340
  
Meta Platforms, Inc. - Class A
    
7,287
      
5,378,462
  
Netflix, Inc. (a)
    
2,953
      
3,954,451
  
ROBLOX Corp. - Class A (a)
    
11,266
      
1,185,183
  
Spotify Technology SA (a)(b)
    
1,574
      
1,207,793
  
T-Mobile US, Inc. (b)
    
6,581
      
1,567,989
  
Verizon Communications, Inc.
    
282
      
12,202
  
             
17,667,420
  
                 
Consumer Discretionary - 11.6%
          
Amazon.com, Inc. (a)
    
22,523
      
4,941,321
  
DoorDash, Inc. - Class A (a)
    
4,385
      
1,080,946
  
Home Depot, Inc. (b)
    
4,134
      
1,515,690
  
Tesla, Inc. (a)
    
6,611
      
2,100,050
  
             
9,638,007
  
                 
Consumer Staples - 4.5%
          
Coca-Cola Co.
    
7,536
      
533,172
  
Costco Wholesale Corp.
    
1,338
      
1,324,540
  
elf Beauty, Inc. (a)
    
4,997
      
621,827
  
PepsiCo, Inc.
    
1,245
      
164,390
  
Procter & Gamble Co.
    
7,158
      
1,140,412
  
             
3,784,341
  
                 
Financials - 6.1%
          
Allstate Corp.
    
7,277
      
1,464,933
  
Robinhood Markets, Inc. - Class A (a)
    
14,309
      
1,339,752
  
Visa, Inc. - Class A
    
6,426
      
2,281,551
  
             
5,086,236
  
                 
Health Care - 7.4%
          
Amgen, Inc.
    
3,805
      
1,062,394
  
Cencora, Inc.
    
5,605
      
1,680,659
  
Eli Lilly & Co.
    
1,818
      
1,417,186
  
Intuitive Surgical, Inc. (a)
    
781
      
424,403
  
McKesson Corp.
    
2,199
      
1,611,383
  
             
6,196,025
  
                 
Industrials - 5.0%
          
Boeing Co. (a)
    
2,840
      
595,065
  
Honeywell International, Inc.
    
5,462
      
1,271,991
  
Howmet Aerospace, Inc. (b)
    
5,334
      
992,818
  
RTX Corp.
    
8,865
      
1,294,467
  
             
4,154,341
  
                 
Information Technology - 40.7%(c)
          
Advanced Micro Devices, Inc. (a)
    
16,491
      
2,340,073
  
Apple, Inc.
    
29,541
      
6,060,927
  
Broadcom, Inc.
    
14,278
      
3,935,731
  
Cisco Systems, Inc.
    
17,370
      
1,205,131
  
Jabil, Inc.
    
2,196
      
478,947
  
Microsoft Corp.
    
15,035
      
7,478,559
  
NVIDIA Corp.
    
62,231
      
9,831,876
  
Oracle Corp.
    
6,593
      
1,441,427
  
Palantir Technologies, Inc. - Class A (a)(b)
    
2,940
      
400,781
  
Palo Alto Networks, Inc. (a)
    
3,936
      
805,463
  
             
33,978,915
  
                 
Materials - 1.4%
          
Linde PLC
    
2,460
      
1,154,183
  
TOTAL COMMON STOCKS (Cost $72,767,636)
      
81,659,468
  
                 
REAL ESTATE INVESTMENT TRUSTS - COMMON - 0.6%
  
Shares
    
Value
 
Real Estate - 0.6%
          
Equinix, Inc.
    
617
      
490,805
  
TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $506,222)
      
490,805
  
                 
SHORT-TERM INVESTMENTS - 2.2%
          
Value
 
Money Market Funds - 2.2%
  
Shares
          
Invesco Government & Agency Portfolio - Institutional Class, 4.26% (d)
    
1,846,843
      
1,846,843
  
TOTAL SHORT-TERM INVESTMENTS (Cost $1,846,843)
      
1,846,843
  
                 
TOTAL INVESTMENTS - 100.7% (Cost $75,120,701)
      
83,997,116
  
Liabilities in Excess of Other Assets - (0.7)%
      
(574,538
)
TOTAL NET ASSETS - 100.0%
          
$
83,422,578
  
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.
  

PLC - Public Limited Company

(a)
Non-income producing security.
(b)
Held in connection with written option contracts. See Schedule of Written Options for further information.
(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.


   
Amplify CWP Growth & Income ETF
  
Schedule of Written Options
  
June 30, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (0.1)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.1)% (a)(b)
  
Home Depot, Inc., Expiration: 07/11/2025; Exercise Price: $362.50
  
$
(733,280
)
    
(20
)
  
$
(15,700
)
Howmet Aerospace, Inc., Expiration: 07/11/2025; Exercise Price: $185.00
    
(465,325
)
    
(25
)
    
(11,500
)
Palantir Technologies, Inc., Expiration: 07/11/2025; Exercise Price: $138.00
    
(190,848
)
    
(14
)
    
(5,705
)
Spotify Technology SA, Expiration: 07/11/2025; Exercise Price: $767.50
    
(460,404
)
    
(6
)
    
(11,670
)
T-Mobile US, Inc., Expiration: 07/03/2025; Exercise Price: $227.50
    
(1,191,300
)
    
(50
)
    
(55,375
)
TOTAL WRITTEN OPTIONS (Premiums received $59,149)
                  
$
(99,950
)
   
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 Growth & 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
    
81,659,468
      
–
      
–
      
81,659,468
  
  Real Estate Investment Trusts - Common
    
490,805
      
–
      
–
      
490,805
  
  Money Market Funds
    
1,846,843
      
–
      
–
      
1,846,843
  
Total Investments
    
83,997,116
      
–
      
–
      
83,997,116
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
    
–
      
(99,950
)
    
–
      
(99,950
)
Total Investments
    
–
      
(99,950
)
    
–
      
(99,950
)
   
Refer to the Schedule of Investments for further disaggregation of investment categories.