Amplify Junior Silver Miners ETF
  
Schedule of Investments
  
as of June 30, 2024 (Unaudited)
  
   
COMMON STOCKS - 99.5%
  
Shares
    
Value
  
Materials - 99.5%(a)
        
Adriatic Metals PLC(b)
    
4,235,752
    
$
11,032,520
  
Adriatic Metals PLC(b)
    
13,046
      
33,395
  
Americas Gold & Silver Corp.(b)(c)
    
6,898,455
      
1,648,731
  
Andean Precious Metals Corp.(b)(c)
    
8,215,063
      
5,583,373
  
Artemis Gold, Inc.(b)
    
4,941,490
      
35,462,734
  
Ascot Resources, Ltd.(b)
    
11,309,180
      
4,628,305
  
Avino Silver & Gold Mines Ltd.(b)
    
3,362,758
      
3,026,482
  
Aya Gold & Silver, Inc.(b)
    
3,669,491
      
36,417,355
  
Bear Creek Mining Corp.(b)(c)
    
4,988,292
      
1,203,008
  
Boliden AB
    
372,948
      
11,941,858
  
Chesapeake Gold Corp.(b)(c)
    
923,823
      
1,532,560
  
Cia de Minas Buenaventura SAA - ADR
    
2,435,279
      
41,277,979
  
Coeur Mining, Inc.(b)
    
12,125,626
      
68,146,018
  
Develop Global Ltd.(b)
    
4,230,861
      
6,131,519
  
Eldorado Gold Corp.(b)
    
892,965
      
13,206,952
  
Endeavour Silver Corp.(b)
    
8,669,868
      
30,517,935
  
First Majestic Silver Corp.
    
5,607,431
      
33,195,992
  
Fortuna Silver Mines, Inc.(b)(c)
    
5,284,609
      
25,841,738
  
Fresnillo PLC
    
2,911,872
      
20,686,556
  
Gatos Silver, Inc.(b)
    
2,279,308
      
23,795,976
  
Generation Mining Ltd.(b)(c)
    
19,221,131
      
3,933,143
  
GoGold Resources, Inc.(b)
    
8,987,606
      
8,801,397
  
Guanajuato Silver Co. Ltd.(b)(c)
    
20,329,115
      
3,714,166
  
Harmony Gold Mining Co. Ltd. - ADR
    
7,942,503
      
72,832,753
  
Hecla Mining Co.
    
9,729,885
      
47,189,942
  
Hochschild Mining PLC(b)
    
7,219,944
      
16,336,780
  
i-80 Gold Corp.(b)(c)
    
11,933,894
      
12,888,606
  
Industrias Penoles SAB de CV(b)
    
731,958
      
9,507,388
  
Ivanhoe Electric, Inc. / US(b)
    
262,159
      
2,459,051
  
Kingsgate Consolidated, Ltd.(b)
    
5,074,224
      
5,489,897
  
Kootenay Resources, Inc.(b)
    
228,405
      
15,023
  
MAG Silver Corp.(b)
    
2,709,433
      
31,619,083
  
McEwen Mining, Inc.(b)(c)
    
150,227
      
1,379,084
  
Pan American Silver Corp.
    
4,236,026
      
84,212,197
  
Prime Mining Corp.(b)
    
7,042,638
      
9,161,322
  
Santacruz Silver Mining Ltd.(b)(c)
    
17,395,205
      
4,512,952
  
Seabridge Gold, Inc.(b)
    
2,194,174
      
30,038,242
  
Sierra Metals, Inc.(b)(c)
    
5,330,534
      
2,960,650
  
Silver Mines Ltd.(b)
    
36,826,885
      
3,812,205
  
Silvercorp Metals, Inc.(c)
    
6,279,640
      
21,099,590
  
SilverCrest Metals, Inc.(b)
    
4,784,786
      
38,996,006
  
Skeena Resources Ltd.(b)
    
3,298,905
      
17,695,738
  
Sombrero Resources, Inc.(b)
    
585,867
      
85,631
  
SSR Mining, Inc.
    
2,600,317
      
11,727,430
  
Taseko Mines Ltd.(b)
    
7,510,100
      
18,399,745
  
Trevali Mining Corp.(b)(d)
    
967,999
      
0
  
Trilogy Metals, Inc.(b)
    
1,065,498
      
542,338
  
Triple Flag Precious Metals Corp.
    
524,336
      
8,127,208
  
Vizsla Royalties Corp.(b)(d)
    
3,166,714
      
0
  
Vizsla Silver Corp.(b)
    
9,501,092
      
16,803,188
  
Wheaton Precious Metals Corp.
    
766,922
      
40,202,051
  
             
899,853,792
  
TOTAL COMMON STOCKS (Cost $765,680,636)
      
899,853,792
  
                 
WARRANTS - 0.0%(e)
  
Contracts
          
VIZSLA ROYALTIES CORP WT EXP 122125, Expires 12/21/2025, Exercise Price $0.05(b)(d)
    
3,166,714
      
0
  
TOTAL WARRANTS (Cost $0)
      
0
  
                 
SHORT-TERM INVESTMENTS - 3.3%
  
Shares
          
Investments Purchased with Proceeds from Securities Lending - 2.8%
                
First American Government Obligations Fund - Class X, 4.65%(f)
    
24,991,015
      
24,991,015
  
                 
Money Market Funds - 0.5%
                
Invesco Government & Agency Portfolio - Institutional Class, 5.25%(f)
    
4,430,473
      
4,430,474
  
TOTAL SHORT-TERM INVESTMENTS (Cost $29,421,489)
      
29,421,489
  
                 
TOTAL INVESTMENTS - 102.8% (Cost $795,102,125)
    
$
929,275,281
  
Liabilities in Excess of Other Assets - (2.8)%
      
(25,364,655
)
TOTAL NET ASSETS - 100.0%
          
$
903,910,626
  
               
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
PLC - Public Limited Company
SAA - Sociedad Anomina Abierta
SAB de CV - Sociedad Anónima Bursátil de Capital Variable

(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 $18,112,351 which represented 2.0% of net assets.
(d)
Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $100,654 or 0.0% of net assets as of June 30, 2024.
(e)
Represents less than 0.05% of 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 Junior Silver Miners 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
    
899,853,792
      
–
      
0
(a) 
    
899,853,792
  
  Warrants
    
–
      
–
      
0
(a) 
    
0
(a) 
  Investments Purchased with Proceeds from Securities Lending
    
24,991,015
      
–
      
–
      
24,991,015
  
  Money Market Funds
    
4,430,474
      
–
      
–
      
4,430,474
  
Total Investments
    
929,174,627
      
0
(a) 
    
100,654
      
929,275,281
  
   
Refer to the Schedule of Investments for additional information.
  

(a)
Amount is less than $0.50.
               
For the period ended June 30, 2024, there were the following transfers into or out of Level 3 for the Fund. Below is a reconciliation of securities in Level 3 for the Fund.
SILJ
  
Balance as of
09/30/2023
    
Amortization/
Accretion
    
Net Realized
Gain (Loss)
    
Net Change in Unrealized Appreciation (Depreciation)
    
Purchases/
Acquisition
    
Sales
    
Corporate Action
    
Transfer In/
Out of Level 3
    
Balance as of
06/30/2024
    
Net Change in Unrealized Appreciation (Depreciation) on
Securities held at
06/30/2024
  
Common Stocks
  
$
4,513,560
    
$
-
    
$
(1,115,358
)
  
$
1,206,916
    
$
12,272,993
    
$
(2,810,022
)
  
$
(14,068,089
)
  
$
-
    
$
-
    
$
1,206,916
  
                                                                                 
Warrants
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  

The following is a summary of quantitative information about Level 3 Fair Value Measurements:
      

 
SILJ
  
Fair Value as of
06/30/2024
  
Valuation Techniques
  
Unobservable Input
  
Range/Weighted Average
Unobservable Input
  
Impact to Valuation from an Increase to Input
 
Common Stocks (Trevali Mining Corp)
  
$0
  
Market Approach
  
No Market Activity
  
                           -
  
Increase
 
Common Stocks (Vizsla Royalties Corp)
  
$0
  
Market Approach
  
No Market Activity
  
                           -
  
Increase
 
Warrant (VIZSLA ROYALTIES CORP)
  
$0
  
Market Approach
  
No Market Activity
  
                           -
  
Increase
                       

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.


Allocation of Portfolio Holdings by Country as of June 30, 2024
  
(% of Net Assets)
  
Canada
  
$
547,452,525
      
60.5
%
United States
    
182,739,906
      
20.2
  
South Africa
    
72,832,753
      
8.1
  
Peru
    
57,614,759
      
6.4
  
Mexico
    
30,193,944
      
3.4
  
Australia
    
15,433,621
      
1.7
  
Sweden
    
11,941,858
      
1.3
  
United Kingdom
    
11,065,915
      
1.2
  
Liabilities in Excess of Other Assets
    
(25,364,655
)
    
(2.8
)
   
$
903,910,626
      
100.0
%