Amplify Small-Mid Cap Equity ETF
 
Schedule of Investments
 
December 31, 2024 (Unaudited)
 
   
COMMON STOCKS - 94.3%
 
Shares
   
Value
 
Consumer Discretionary - 8.3%
       
Bright Horizons Family Solutions, Inc. (a)
   
140
   
$
15,519
 
Columbia Sportswear Co.
   
194
     
16,282
 
Installed Building Products, Inc.
   
50
     
8,763
 
NVR, Inc. (a)
   
4
     
32,716
 
Pool Corp.
   
34
     
11,592
 
Visteon Corp. (a)
   
164
     
14,550
 
             
99,422
 
                 
Consumer Staples - 2.2%
         
BJ's Wholesale Club Holdings, Inc. (a)
   
290
     
25,912
 
                 
Energy - 2.6%
         
Devon Energy Corp.
   
958
     
31,355
 
                 
Financials - 17.7%
         
American Financial Group, Inc./OH
   
222
     
30,398
 
Jack Henry & Associates, Inc.
   
100
     
17,530
 
Markel Group, Inc. (a)
   
18
     
31,072
 
Pinnacle Financial Partners, Inc.
   
454
     
51,934
 
Stifel Financial Corp.
   
264
     
28,005
 
Stock Yards Bancorp, Inc.
   
324
     
23,202
 
Webster Financial Corp.
   
542
     
29,929
 
             
212,070
 
                 
Health Care - 12.7%
         
BioLife Solutions, Inc. (a)
   
542
     
14,070
 
Bio-Techne Corp.
   
356
     
25,643
 
CRISPR Therapeutics AG (a)
   
192
     
7,557
 
Exact Sciences Corp. (a)
   
88
     
4,945
 
IDEXX Laboratories, Inc. (a)
   
30
     
12,403
 
Insulet Corp. (a)
   
26
     
6,788
 
Merit Medical Systems, Inc. (a)
   
194
     
18,764
 
Repligen Corp. (a)
   
170
     
24,470
 
Vaxcyte, Inc. (a)
   
32
     
2,620
 
West Pharmaceutical Services, Inc.
   
108
     
35,375
 
             
152,635
 
                 
Industrials - 24.0%
         
AAON, Inc.
   
100
     
11,768
 
Applied Industrial Technologies, Inc.
   
122
     
29,215
 
BWX Technologies, Inc.
   
118
     
13,144
 
Carlisle Cos., Inc.
   
72
     
26,556
 
Copart, Inc. (a)
   
240
     
13,774
 
Curtiss-Wright Corp.
   
86
     
30,519
 
HEICO Corp.
   
100
     
23,774
 
IDEX Corp.
   
70
     
14,650
 
ITT, Inc.
   
126
     
18,003
 
Kadant, Inc.
   
58
     
20,009
 
Old Dominion Freight Line, Inc.
   
126
     
22,226
 
Trex Co., Inc. (a)
   
198
     
13,668
 
Watsco, Inc.
   
106
     
50,233
 
             
287,539
 
                 
Information Technology - 16.6%
         
Badger Meter, Inc.
   
60
     
12,727
 
Clearwater Analytics Holdings, Inc. - Class A (a)
   
462
     
12,714
 
CyberArk Software Ltd. (a)
   
54
     
17,990
 
Fair Isaac Corp. (a)
   
12
     
23,891
 
MKS Instruments, Inc.
   
122
     
12,736
 
Monolithic Power Systems, Inc.
   
46
     
27,218
 
PTC, Inc. (a)
   
168
     
30,890
 
Q2 Holdings, Inc. (a)
   
108
     
10,870
 
Trimble, Inc. (a)
   
204
     
14,415
 
Tyler Technologies, Inc. (a)
   
62
     
35,752
 
             
199,203
 
                 
Materials - 10.2%
         
AptarGroup, Inc.
   
110
     
17,281
 
Avery Dennison Corp.
   
116
     
21,707
 
Eagle Materials, Inc.
   
152
     
37,508
 
Royal Gold, Inc.
   
80
     
10,548
 
RPM International, Inc.
   
132
     
16,244
 
Steel Dynamics, Inc.
   
164
     
18,707
 
             
121,995
 
TOTAL COMMON STOCKS (Cost $1,161,997)
     
1,130,131
 
                 
REAL ESTATE INVESTMENT TRUSTS - 5.3%
               
Real Estate - 5.3%
         
Alexandria Real Estate Equities, Inc.
   
190
     
18,535
 
EastGroup Properties, Inc.
   
156
     
25,035
 
PotlatchDeltic Corp.
   
510
     
20,018
 
             
63,588
 
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $71,741)
     
63,588
 
                 
SHORT-TERM INVESTMENTS - 0.5%
               
Money Market Funds - 0.5%
               
Invesco Government & Agency Portfolio - Institutional Class, 4.42% (b)
   
6,001
     
6,001
 
TOTAL SHORT-TERM INVESTMENTS (Cost $6,001)
     
6,001
 
                 
TOTAL INVESTMENTS - 100.1% (Cost $1,239,739)
     
1,199,720
 
Liabilities in Excess of Other Assets - (0.1)%
     
(1,701
)
TOTAL NET ASSETS - 100.0%
         
$
1,198,019
 
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.
 

AG - Aktiengesellschaft

(a)
Non-income producing security.
(b)
The rate shown represents the 7-day annualized effective yield as of December 31, 2024.


Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)
 
Amplify Small-Mid Cap Equity 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
 
Investments:
                       
  Common Stocks
 
$
1,130,131
   
$
   
$
   
$
1,130,131
 
  Real Estate Investment Trusts
   
63,588
     
     
     
63,588
 
  Money Market Funds
   
6,001
     
     
     
6,001
 
Total Investments
 
$
1,199,720
   
$
   
$
   
$
1,199,720
 
   
Refer to the Schedule of Investments for further disaggregation of investment categories.