Amplify High Income ETF (YYY) NPORT-P Amplify Thematic All-Stars ETF (Jul 2021 report)

Amplify Thematic All-Stars ETF
Schedule of Investments
July 31, 2021 (Unaudited)
Description	Shares		Value
COMMON STOCKS - 99.7%
Communication Services - 10.8%
Alphabet, Inc. - Class A (a)		31	$	83,530
Baidu, Inc. - Class A (a)		1,101		22,413
Bilibili, Inc. - Class Z (a)		70		5,994
Facebook, Inc. - Class A (a)		76		27,079
Iridium Communications, Inc. (a)		200		8,446
NetEase, Inc.		365		7,304
Netflix, Inc. (a)		36		18,632
Nintendo Co. Ltd.		10		5,139
Roku, Inc. (a)		58		24,842
Sea Ltd. - ADR (a)		79		21,817
Snap, Inc. - Class A (a)		235		17,489
Spotify Technology SA (a)		109		24,925
Tencent Holdings Ltd.		540		33,284
Twitter, Inc. (a)		421		29,365
Zillow Group, Inc. - Class C (a)		126		13,389
				343,648
Consumer Discretionary - 13.2%
2U, Inc. (a)		260		11,284
Alibaba Group Holding Ltd. (a)		1,470		35,751
Amazon.com, Inc. (a)		25		83,190
Aptiv PLC (a)		50		8,343
BYD Co. Ltd. - Class H		401		12,333
DraftKings, Inc. - Class A (a)		116		5,626
eBay, Inc.		81		5,525
Etsy, Inc. (a)		40		7,340
JD.com, Inc. - Class A (a)		620		22,068
MercadoLibre, Inc. (a)		7		10,981
NIO, Inc. - ADR (a)		686		30,650
Overstock.com, Inc. (a)		65		4,527
Peloton Interactive, Inc. - Class A (a)		61		7,201
Tesla, Inc. (a)		235		161,492
XPeng, Inc. - ADR (a)		346		14,023
				420,334
Energy - 0.2%
Renewable Energy Group, Inc. (a)		101		6,186
Financials - 0.5%
Coinbase Global, Inc. - Class A (a)		65		15,378
Health Care - 5.3%
Agilent Technologies, Inc.		45		6,895
CRISPR Therapeutics AG (a)		95		11,497
Danaher Corp.		50		14,874
Dexcom, Inc. (a)		16		8,248
Exact Sciences Corp. (a)		65		7,010
Fate Therapeutics, Inc. (a)		90		7,452
Illumina, Inc. (a)		19		9,419
Intellia Therapeutics, Inc. (a)		86		12,199
Intuitive Surgical, Inc. (a)		25		24,787
Invitae Corp. (a)		326		9,125
Regeneron Pharmaceuticals, Inc. (a)		15		8,619
Teladoc Health, Inc. (a)		320		47,504
				167,629
Industrials - 7.4%
ABB Ltd.		646		23,615
AeroVironment, Inc. (a)		96		9,706
Array Technologies, Inc. (a)		420		5,687
Ballard Power Systems, Inc. (a)		906		14,660
Bloom Energy Corp. - Class A (a)		356		7,761
Booz Allen Hamilton Holding Corp.		86		7,380
Evoqua Water Technologies Corp. (a)		175		5,777
FANUC Corp.		35		7,775
FuelCell Energy, Inc. (a)		691		4,374
Lockheed Martin Corp.		15		5,575
Pentair PLC		130		9,577
Plug Power, Inc. (a)		1,220		33,282
Roper Technologies, Inc.		15		7,370
Science Applications International Corp.		65		5,674
Shoals Technologies Group, Inc. - Class A (a)		290		8,436
Siemens Gamesa Renewable Energy SA (a)		190		5,295
Sunrun, Inc. (a)		715		37,873
TPI Composites, Inc. (a)		161		6,301
Vestas Wind Systems (a)		445		16,401
Xylem, Inc.		101		12,711
				235,230
Information Technology - 56.6%
3D Systems Corp. (a)		231		6,362
Accenture PLC - Class A		45		14,296
Adobe, Inc. (a)		22		13,676
Advanced Micro Devices, Inc. (a)		401		42,582
Adyen NV (a) (b)		6		16,289
Akamai Technologies, Inc. (a)		285		34,177
Ambarella, Inc. (a)		70		6,894
Analog Devices, Inc.		76		12,724
Apple, Inc.		126		18,378
Arista Networks, Inc. (a)		25		9,510
Atlassian Corp. PLC - Class A (a)		28		9,103
Box, Inc. (a)		225		5,382
Brooks Automation, Inc.		96		8,545
Canadian Solar, Inc. (a)		256		10,304
Check Point Software Technologies Ltd. (a)		106		13,473
Cisco Systems, Inc.		921		50,996
Cloudflare, Inc. - Class A (a)		241		28,590
Coupa Software, Inc. (a)		25		5,425
Crowdstrike Holdings, Inc. - Class A (a)		204		51,736
CyberArk Software Ltd. (a)		95		13,493
Daqo New Energy Corp. - ADR (a)		170		10,072
DocuSign, Inc. (a)		83		24,737
Dropbox, Inc. - Class A (a)		395		12,439
Enphase Energy, Inc. (a)		404		76,598
Everbridge, Inc. (a)		61		8,614
F5 Networks, Inc. (a)		46		9,499
FireEye, Inc. (a)		675		13,635
First Solar, Inc. (a)		496		42,676
Fortinet, Inc. (a)		90		24,502
Hewlett Packard Enterprise Co.		531		7,699
HubSpot, Inc. (a)		10		5,960
Infineon Technologies AG		155		5,906
Intel Corp.		325		17,459
International Business Machines Corp.		130		18,325
Intuit, Inc.		15		7,950
Itron, Inc. (a)		201		19,823
JinkoSolar Holding Co. Ltd. - ADR (a)		165		8,892
Juniper Networks, Inc.		451		12,691
Mastercard, Inc. - Class A		16		6,175
Microsoft Corp.		196		55,842
MicroStrategy, Inc. (a)		15		9,390
Mimecast Ltd. (a)		260		14,443
MongoDB, Inc. (a)		20		7,178
NVIDIA Corp.		690		134,543
NXP Semiconductors NV		101		20,845
Okta, Inc. (a)		170		42,124
ON Semiconductor Corp. (a)		246		9,609
Oracle Corp.		140		12,200
Palantir Technologies, Inc. - Class A (a)		281		6,101
Palo Alto Networks, Inc. (a)		73		29,131
PayPal Holdings, Inc. (a)		189		52,075
Proofpoint, Inc. (a)		155		27,072
QUALCOMM, Inc.		165		24,717
Qualys, Inc. (a)		175		17,773
Rapid7, Inc. (a)		110		12,512
Sailpoint Technologies Holdings, Inc. (a)		126		6,299
salesforce.com, Inc. (a)		84		20,322
ServiceNow, Inc. (a)		26		15,285
Shopify, Inc. - Class A (a)		35		52,498
Skyworks Solutions, Inc.		31		5,720
SolarEdge Technologies, Inc. (a)		209		54,231
Splunk, Inc. (a)		190		26,976
Square, Inc. - Class A (a)		393		97,173
STMicroelectronics NV		170		6,963
Stratasys Ltd. (a)		216		4,264
SunPower Corp. (a)		471		11,667
Tenable Holdings, Inc. (a)		316		13,525
Teradyne, Inc.		70		8,890
Trend Micro, Inc.		125		6,481
Trimble, Inc. (a)		221		18,896
Twilio, Inc. - Class A (a)		141		52,676
UiPath, Inc. - Class A (a)		101		6,319
Unity Software, Inc. (a)		200		21,424
Universal Display Corp.		26		6,097
Varonis Systems, Inc. (a)		260		15,912
Visa, Inc. - Class A		30		7,392
VMware, Inc. - Class A (a)		165		25,367
Workday, Inc. - Class A (a)		36		8,438
Xilinx, Inc.		50		7,492
Xinyi Solar Holdings Ltd.		7,021		14,094
Zoom Video Communications, Inc. - Class A (a)		115		43,482
Zscaler, Inc. (a)		275		64,875
				1,803,900
Materials - 1.9%
Albemarle Corp.		150		30,906
Ecolab, Inc.		46		10,158
Ganfeng Lithium Co. Ltd. - Class H (b)		561		12,034
Livent Corp. (a)		415		8,097
				61,195
Real Estate - 1.8%
American Tower Corp. (c)		21		5,939
CoreSite Realty Corp. (c)		45		6,219
Crown Castle International Corp. (c)		35		6,758
CyrusOne, Inc. (c)		85		6,058
Digital Realty Trust, Inc. (c)		80		12,333
Equinix, Inc. (c)		25		20,510
				57,817
Utilities - 2.0%
American Water Works Co., Inc.		70		11,908
Atlantica Sustainable Infrastructure PLC		195		7,753
Essential Utilities, Inc.		125		6,140
NextEra Energy, Inc.		95		7,400
Ormat Technologies, Inc.		140		9,764
Orsted AS (b)		60		8,909
Sunnova Energy International, Inc. (a)		340		12,954
				64,828
Total Common Stocks (Cost $3,150,184)				3,176,145
PREFERRED STOCKS - 0.2%
Materials - 0.2%
Sociedad Quimica y Minera de Chile SA - Class B		151		7,213
Total Preferred Stocks (Cost $7,203)				7,213
MONEY MARKET FUNDS - 0.7%
Invesco Government & Agency Portfolio - Institutional Class - 0.03% (d)		23,325		23,325
Total Money Market Funds (Cost $23,325)				23,325
Total Investments - 100.6%
(Cost $3,180,712)			$	3,206,683

Percentages are based on Net Assets of $3,186,805.
ADR -	American Depositary Receipt
(a)	Non-income producing security.
(b)	Security exempt from registration under Rule 144(a) and Regulation S of the Securities Act of 1933. Such securities are treated as liquid securities, according to the Fund’s liquidity guidelines. At July 31, 2021 the value of these securities amounted to $37,232 or 1.2% of net assets.
(c)	Real Estate Investment Trust.
(d)	Seven-day yield as of July 31, 2021.
For Fund compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or they may be defined by Fund management. This definition may not apply for purposes of this report, which may combine sub-classifications for reporting ease. Industries are shown as a percentage of net assets.
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI, Inc. and S&P and has been licensed for use by U.S. Bank Global Fund Services.

Security Valuation

In accordance with the authoritative guidance on fair value measurements and disclosure under U.S. GAAP, the Funds disclose fair value of their investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The objective of a fair value measurement is to determine the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). Accordingly, the fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The following describes the levels of the fair value hierarchy:

Level 1 – Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Funds have the ability to access at the measurement date;

Level 2 – Quoted prices which are not active, or inputs that are observable (either directly or indirectly) for substantially the full term of the asset or liability; and

Level 3 – Prices, inputs or exotic modeling techniques which are both significant to the fair value measurement and unobservable (supported by little or no market activity).

The valuation techniques used by the Funds to measure fair value for the period ended July 31, 2021 maximized the use of observable inputs and minimized the use of unobservable inputs.

For the period ended July 31, 2021, there have been no significant changes to the Fund’s fair valuation methodologies.

Common stocks, preferred stock, and other equity securities listed on any national or foreign exchange (excluding Nasdaq) and the London Stock Exchange Alternative Investment Market (“AIM”) will be valued at the last price on the exchange on which they are principally traded or, for Nasdaq and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the exchange representing the principal market for such securities. Foreign securities and other assets denominated in foreign currencies are translated into U.S. dollars at the current exchange rate, which approximates fair value. Redeemable securities issued by open-end investment companies shall be valued at the investment company’s applicable NAV, with the exception of exchange-traded open-end and closed-end investment companies which are priced as equity securities. Exchange-traded options will be valued at the current mean price where such contracts are principally traded. Securities traded in the over-the-counter market are valued at the mean of the bid and the asked price, if available, and otherwise at their closing bid price. Fixed income securities will be valued using the mean price. Fixed income securities having a remaining maturity of 60 days or less when purchased will be valued at the current market price. If there is no current market price available then the securities will be valued at cost and adjusted for amortization of premiums and accretions of discounts. Swaps will be valued by using the market close price of the underlying holdings. If there is no market price available, then the securities will be valued at the last price.

If no quotation is available from either a pricing service, or one or more brokers or if the pricing committee has reason to question the reliability or accuracy of a quotation supplied, securities are valued at fair value as determined in good faith by the pricing committee, pursuant to procedures established under the general supervision and responsibility of the Fund’s Board of Trustees (the “Board”).

The following is a summary of the fair valuations according to the inputs used to value the Fund’s investments as of July 31, 2021:

	Category
	Investments in Securities
	Assets
	Level 1
	Common Stocks	$	3,176,145
	Preferred Stocks		7,213
	Money Market Funds		23,325
	Total Level 1		3,206,683
	Level 2		-
	Total Level 2		-
	Level 3		-
	Total Level 3		-
	Total	$	3,206,683
See the Schedule of Investments for further disaggregation of investment categories.
For the period ended July 31, 2021, there were no transfers into or out of Level 3 for the Fund.