Amplify High Income ETF (YYY) NPORT-P Amplify Thematic All-Stars ETF (Jul 2022 report)

Amplify Thematic All-Stars ETF
Schedule of Investments
July 31, 2022 (Unaudited)
Description	Shares		Value
COMMON STOCKS - 99.3%
Communication Services - 7.8%
Activision Blizzard, Inc.		182	$	14,551
Alphabet, Inc. - Class A (a)		1,712		199,140
Baidu, Inc. - Class A (a)		1,142		19,276
Electronic Arts, Inc.		117		15,354
Meta Platforms, Inc. - Class A (a)		300		47,730
NetEase, Inc.		949		17,493
Netflix, Inc. (a)		97		21,815
ROBLOX Corp. - Class A (a)		1,633		70,105
Roku, Inc. (a)		415		27,191
Sea Ltd. - ADR (a)		314		23,964
Snap, Inc. - Class A (a)		1,477		14,593
Spotify Technology SA (a)		170		19,213
Take-Two Interactive Software, Inc. (a)		131		17,388
Tencent Holdings Ltd.		734		28,687
				536,500
Consumer Discretionary - 11.6%
Alibaba Group Holding Ltd. (a)		3,663		43,443
Amazon.com, Inc. (a)		1,171		158,027
Aptiv PLC (a)		271		28,425
BYD Co Ltd. - Class H		594		21,611
DraftKings, Inc. (a) (b)		1,913		26,266
MercadoLibre, Inc. (a)		31		25,225
NIO, Inc. - Class A (a)		3,548		67,661
Tesla, Inc. (a)		445		396,695
XPeng, Inc. - Class A (a)		2,479		29,054
				796,407
Financials - 1.7%
Coinbase Global, Inc. - Class A (a) (b)		1,559		98,155
Robinhood Markets, Inc. - Class A (a) (b)		1,827		16,534
				114,689
Health Care - 3.5%
Agilent Technologies, Inc.		144		19,310
Beam Therapeutics, Inc. (a)		329		20,720
CRISPR Therapeutics AG (a)		368		27,600
Danaher Corp.		176		51,299
Intellia Therapeutics, Inc. (a)		419		27,135
Intuitive Surgical, Inc. (a)		199		45,804
Teladoc Health, Inc. (a)		1,258		46,357
				238,225
Industrials - 9.8%
ABB Ltd.		2,439		73,677
AeroVironment, Inc. (a)		244		21,140
Array Technologies, Inc. (a)		1,410		23,758
Ballard Power Systems, Inc. (a)		3,600		28,882
Bloom Energy Corp. - Class A (a)		1,546		31,276
Booz Allen Hamilton Holding Corp.		178		17,084
ChargePoint Holdings, Inc. (a) (b)		931		14,067
Deere & Co.		59		20,248
Evoqua Water Technologies Corp. (a)		436		16,616
FANUC Corp.		134		22,885
Pentair PLC		358		17,503
Plug Power, Inc. (a)		4,696		100,213
Roper Technologies, Inc.		40		17,467
Schneider Electric SE		117		16,050
Shoals Technologies Group, Inc. - Class A (a)		1,245		29,419
Siemens Gamesa Renewable Energy SA (a)		853		15,595
Sunrun, Inc. (a)		2,603		85,092
Tetra Tech, Inc.		150		22,990
Vestas Wind Systems A/S		1,900		49,320
Xylem, Inc./NY		557		51,261
				674,543
Information Technology - 58.7%
Adobe, Inc. (a)		68		27,888
Advanced Micro Devices, Inc. (a)		857		80,961
Adyen NV (a) (c)		16		28,469
Akamai Technologies, Inc. (a)		793		76,302
Ambarella, Inc. (a)		231		19,993
Analog Devices, Inc.		203		34,908
Apple, Inc.		534		86,780
Arista Networks, Inc. (a)		150		17,494
Autodesk, Inc. (a)		94		20,334
Block, Inc. (a)		2,055		156,303
Canadian Solar, Inc. (a)		631		23,278
Check Point Software Technologies Ltd. (a)		271		33,767
Cisco Systems, Inc.		2,142		97,183
Cloudflare, Inc. - Class A (a)		1,494		75,178
Crowdstrike Holdings, Inc. - Class A (a)		807		148,165
CyberArk Software Ltd. (a)		179		23,293
Daqo New Energy Corp. - ADR (a)		427		27,627
Dropbox, Inc. - Class A (a)		760		17,282
Enphase Energy, Inc. (a)		1,241		352,667
F5, Inc. (a)		130		21,757
First Solar, Inc. (a)		1,500		148,755
Fortinet, Inc. (a)		1,104		65,854
Infineon Technologies AG		758		20,520
Intel Corp.		1,513		54,937
International Business Machines Corp.		326		42,638
Itron, Inc. (a)		499		29,142
JinkoSolar Holding Co. Ltd. - ADR (a)		477		31,635
Juniper Networks, Inc.		1,184		33,188
Keyence Corp.		46		18,045
Mandiant, Inc. (a)		719		16,379
Mastercard, Inc. - Class A		46		16,274
Microsoft Corp.		481		135,036
MongoDB, Inc. (a)		51		15,936
NortonLifeLock, Inc.		1,004		24,628
NVIDIA Corp.		1,931		350,728
NXP Semiconductors NV		277		50,935
Okta, Inc. (a)		720		70,884
ON Semiconductor Corp. (a)		903		60,302
Oracle Corp.		368		28,645
Palo Alto Networks, Inc. (a)		258		128,768
PayPal Holdings, Inc. (a)		431		37,294
PTC, Inc. (a)		135		16,656
QUALCOMM, Inc.		644		93,419
Qualys, Inc. (a)		283		34,617
Rapid7, Inc. (a)		300		19,191
salesforce.com, Inc. (a)		192		35,332
Samsung SDI Co. Ltd.		94		41,172
SentinelOne, Inc. - Class A (a)		1,298		32,255
ServiceNow, Inc. (a)		55		24,566
Shopify, Inc. - Class A (a)		1,738		60,535
SolarEdge Technologies, Inc. (a)		629		226,522
Splunk, Inc. (a)		487		50,604
STMicroelectronics NV		500		18,828
SunPower Corp. (a)		1,470		29,944
Tenable Holdings, Inc. (a)		683		26,398
Trend Micro, Inc./Japan		345		19,902
Trimble, Inc. (a)		550		38,186
Twilio, Inc. - Class A (a)		810		68,688
UiPath, Inc. - Class A (a)		3,722		68,224
Unity Software, Inc. (a)		1,560		58,328
Varonis Systems, Inc. (a)		676		17,191
Visa, Inc. - Class A		63		13,363
VMware, Inc.		369		42,878
Workday, Inc. - Class A (a)		100		15,510
Xinyi Solar Holdings Ltd.		24,505		41,643
Zoom Video Communications, Inc. - Class A (a)		821		85,269
Zscaler, Inc. (a)		750		116,295
				4,045,668
Materials - 2.5%
Albemarle Corp.		320		78,179
Allkem Ltd. (a)		1,973		15,530
Ecolab, Inc.		212		35,016
Livent Corp. (a)		1,306		32,507
MP Materials Corp. (a)		390		13,092
				174,324
Real Estate - 1.4%
American Tower Corp. (d)		75		20,312
Crown Castle International Corp. (d)		112		20,234
Digital Realty Trust, Inc. (d)		128		16,954
Equinix, Inc. (d)		60		42,224
				99,724
Utilities - 2.3%
American Water Works Co., Inc.		206		32,021
Atlantica Sustainable Infrastructure PLC		558		19,898
Essential Utilities, Inc.		395		20,516
Ormat Technologies, Inc.		370		32,020
Orsted AS (c)		189		21,888
Sunnova Energy International, Inc. (a)		1,202		31,276
				157,619
Total Common Stocks (Cost $9,678,613)				6,837,699
PREFERRED STOCKS - 0.6%
Materials - 0.7%
Sociedad Quimica y Minera de Chile SA - Class B		476		47,254
Total Preferred Stocks (Cost $25,865)				47,254
MONEY MARKET FUNDS - 0.0% (e)
Invesco Government & Agency Portfolio - Institutional Class - 1.64% (f)		3,359		3,359
Total Money Market Funds (Cost $3,359)				3,359
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 2.2%
First American Government Obligations Fund - Class X - 1.94% (f)		152,077		152,077
Total Investments Purchased with Proceeds from Securities Lending (Cost $152,077)				152,077
Total Investments - 102.2%
(Cost $9,859,914)			$	7,040,389

Percentages are based on Net Assets of $6,886,259.
ADR -	American Depositary Receipt
(a)	Non-income producing security.
(b)	All or a portion of this security is out on loan as of July 31, 2022. Total value of securities out on loan is $148,988 or 2.2% of net assets.
(c)	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, 2022 the value of these securities amounted to $50,357 or 0.7% of net assets.
(d)	Real Estate Investment Trust.
(e)	Less than 0.05%.
(f)	Seven-day yield as of July 31, 2022.
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 Industy Classification Standard (GICS®) was developed by and/or is the exclusive 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, 2022, maximized the use of observable inputs and minimized the use of unobservable inputs.

For the period ended July 31, 2022, 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, 2022:
	Category
	Investments in Securities
	Assets
	Level 1
	Common Stocks	$	6,837,699
	Preferred Stocks		47,254
	Money Market Funds		3,359
	Investments Purchased with Proceeds from Securities Lending		152,077
	Total Level 1		7,040,389
	Level 2		-
	Total Level 2		-
	Level 3		-
	Total Level 3		-
	Total	$	7,040,389
See the Schedule of Investments for further disaggregation of investment categories.
For the period ended July 31, 2022, there were no transfers into or out of Level 3 for the Fund.