Amplify CWP Growth & Income ETF
  
Schedule of Investments
  
December 31, 2024 (Unaudited)
  
   
COMMON STOCKS - 95.1%
  
Shares
    
Value
 
Communication Services - 17.9%
        
Alphabet, Inc. - Class A
    
5,962
    
$
1,128,606
  
Electronic Arts, Inc.
    
1,322
      
193,409
  
Meta Platforms, Inc. - Class A (a)
    
1,669
      
977,216
  
Netflix, Inc. (b)
    
672
      
598,967
  
Spotify Technology SA (a)(b)
    
676
      
302,429
  
T-Mobile US, Inc. (a)
    
1,323
      
292,026
  
             
3,492,653
  
                 
Consumer Discretionary - 14.6%
          
Amazon.com, Inc. (b)
    
5,230
      
1,147,410
  
Burlington Stores, Inc. (b)
    
905
      
257,979
  
DoorDash, Inc. - Class A (b)
    
866
      
145,272
  
Home Depot, Inc.
    
874
      
339,977
  
Tesla, Inc. (a)(b)
    
2,320
      
936,909
  
             
2,827,547
  
                 
Consumer Staples - 5.7%
          
Colgate-Palmolive Co.
    
3,607
      
327,912
  
Costco Wholesale Corp.
    
261
      
239,146
  
PepsiCo, Inc.
    
616
      
93,669
  
Procter & Gamble Co.
    
2,654
      
444,944
  
             
1,105,671
  
                 
Energy - 1.4%
          
Targa Resources Corp.
    
1,308
      
233,478
  
Texas Pacific Land Corp.
    
37
      
40,921
  
             
274,399
  
                 
Financials - 4.6%
          
Allstate Corp.
    
1,757
      
338,732
  
Coinbase Global, Inc. - Class A (a)(b)
    
626
      
155,436
  
Robinhood Markets, Inc. - Class A (b)
    
2,932
      
109,246
  
Visa, Inc. - Class A
    
906
      
286,332
  
             
889,746
  
                 
Health Care - 8.3%
          
Amgen, Inc.
    
1,341
      
349,518
  
Cencora, Inc.
    
1,537
      
345,333
  
Eli Lilly & Co.
    
348
      
268,656
  
Intuitive Surgical, Inc. (a)(b)
    
321
      
167,549
  
Natera, Inc. (b)
    
792
      
125,374
  
UnitedHealth Group, Inc.
    
708
      
358,149
  
             
1,614,579
  
                 
Industrials - 2.8%
          
Comfort Systems USA, Inc.
    
451
      
191,251
  
Lockheed Martin Corp.
    
716
      
347,933
  
             
539,184
  
                 
Information Technology - 39.2%(c)
          
Adobe, Inc. (a)(b)
    
232
      
103,166
  
Advanced Micro Devices, Inc. (b)
    
1,958
      
236,507
  
Apple, Inc.
    
7,962
      
1,993,845
  
Broadcom, Inc.
    
3,430
      
795,211
  
DocuSign, Inc. (b)
    
1,543
      
138,777
  
Enphase Energy, Inc. (b)
    
2,021
      
138,802
  
Intuit, Inc.
    
182
      
114,387
  
Microsoft Corp.
    
3,890
      
1,639,635
  
MicroStrategy, Inc. - Class A (a)(b)
    
1,037
      
300,336
  
NVIDIA Corp.
    
13,436
      
1,804,320
  
Oracle Corp.
    
1,605
      
267,457
  
QUALCOMM, Inc.
    
553
      
84,952
  
             
7,617,395
  
                 
Materials - 0.6%
          
Linde PLC (a)
    
267
      
111,785
  
TOTAL COMMON STOCKS (Cost $17,735,769)
      
18,472,959
  
                 
REAL ESTATE INVESTMENT TRUSTS - 1.2%
  
Shares
    
Value
 
Real Estate - 1.2%
          
Equinix, Inc. (a)
    
243
      
229,122
  
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $220,464)
      
229,122
  
                 
SHORT-TERM INVESTMENTS - 5.1%
          
Value
 
Money Market Funds - 5.1%
  
Shares
          
Invesco Government & Agency Portfolio – Institutional Class, 4.42% (d)
    
982,054
      
982,054
  
TOTAL SHORT-TERM INVESTMENTS (Cost $982,054)
      
982,054
  
                 
TOTAL INVESTMENTS - 101.4% (Cost $18,938,287)
      
19,684,135
  
Liabilities in Excess of Other Assets - (1.4)%
      
(274,793
)
TOTAL NET ASSETS - 100.0%
          
$
19,409,342
  
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
SA - Sociedad Anónima

(a)
Held in connection with written option contracts. See Schedule of Options Written for further information.
(b)
Non-income producing security.
(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 December 31, 2024.


   
Amplify CWP Growth & Income ETF
  
Schedule of Written Options
  
December 31, 2024 (Unaudited)
  
   
WRITTEN OPTIONS - (0.1)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.1)% (a)(b)
  
Adobe, Inc., Expiration: 01/03/2025; Exercise Price: $425.00
  
$
(88,936
)
    
(2
)
  
$
(3,995
)
Coinbase Global, Inc., Expiration: 01/10/2025; Exercise Price: $280.00
    
(74,490
)
    
(3
)
    
(599
)
Equinix, Inc., Expiration: 01/17/2025; Exercise Price: $940.00
    
(188,578
)
    
(2
)
    
(4,040
)
Intuitive Surgical, Inc., Expiration: 01/03/2025; Exercise Price: $530.00
    
(104,392
)
    
(2
)
    
(220
)
Linde PLC, Expiration: 01/17/2025; Exercise Price: $415.00
    
(83,734
)
    
(2
)
    
(1,670
)
Meta Platforms, Inc., Expiration: 01/03/2025; Exercise Price: $600.00
    
(292,755
)
    
(5
)
    
(707
)
MicroStrategy, Inc.
                        
Expiration: 01/10/2025; Exercise Price: $320.00
    
(173,772
)
    
(6
)
    
(3,405
)
Expiration: 01/16/2026; Exercise Price: $700.00
    
(57,924
)
    
(2
)
    
(7,799
)
Spotify Technology SA, Expiration: 01/03/2025; Exercise Price: $455.00
    
(134,214
)
    
(3
)
    
(560
)
Tesla, Inc., Expiration: 01/03/2025; Exercise Price: $435.00
    
(323,072
)
    
(8
)
    
(2,388
)
T-Mobile US, Inc., Expiration: 01/03/2025; Exercise Price: $222.50
    
(110,365
)
    
(5
)
    
(458
)
Total Call Options
                    
(25,841
)
TOTAL WRITTEN OPTIONS (Premiums received $86,236)
                  
$
(25,841
)
   
Percentages are stated as a percent of net assets.
  

(a)
100 shares per contract.
(b)
Exchange-traded.
Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)
 
Amplify CWP Growth & Income 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 December 31, 2024:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
  
$
18,472,959
    
$
–
    
$
–
    
$
18,472,959
  
  Real Estate Investment Trusts
    
229,122
      
–
      
–
      
229,122
  
  Money Market Funds
    
982,054
      
–
      
–
      
982,054
  
Total Investments
  
$
19,684,135
    
$
–
    
$
–
    
$
19,684,135
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
  
$
–
    
$
(25,841
)
  
$
–
    
$
(25,841
)
Total Investments
  
$
–
    
$
(25,841
)
  
$
–
    
$
(25,841
)
   
   
Refer to the Schedule of Investments for further disaggregation of investment categories.