Amplify High Income ETF (YYY) NPORT-P Amplify Lithium & Battery Technology ETF (Jul 2023 report)

Amplify Lithium & Battery Technology ETF
Schedule of Investments
July 31, 2023 (Unaudited)
Description	Shares		Value
COMMON STOCKS - 99.2%
Consumer Discretionary - 27.3%
BAIC Motor Corp. Ltd. - Class H (c)		957,218	$	265,113
BYD Co. Ltd.		296,118		10,464,312
CALB Co. Ltd. (a) (c)		157,156		373,600
EVgo, Inc. (a) (b)		97,418		425,717
Li Auto, Inc. - ADR (a)		92,162		3,944,534
Lucid Group, Inc. (a) (b)		157,408		1,197,875
NIO, Inc. - ADR (a)		151,237		2,313,926
Panasonic Holdings Corp.		265,408		3,283,436
Polestar Automotive Holding UK PLC - ADR (a) (b)		175,794		787,557
QuantumScape Corp. (a) (b)		44,341		590,179
Rivian Automotive, Inc. - Class A (a) (b)		82,506		2,280,466
Tesla, Inc. (a)		57,270		15,315,716
XPeng, Inc. - ADR (a) (b)		76,591		1,602,284
Yadea Group Holdings Ltd. (c)		281,546		637,539
Zhejiang Leapmotor Technologies Ltd. (a) (c)		103,784		599,504
				44,081,758
Industrials - 19.5%
Advanced Energy Solution Holding Co. Ltd.		31,523		693,122
Blink Charging Co. (a) (b)		71,678		458,739
ChargePoint Holdings, Inc. (a) (b)		85,812		743,132
Contemporary Amperex Technology Co. Ltd.		302,604		10,066,688
Ecopro BM Co. Ltd.		11,111		3,652,382
EnerSys		9,129		988,853
Enovix Corp. (a) (b)		50,724		1,091,580
Eve Energy Co. Ltd.		234,312		1,941,904
FREYR Battery SA (a) (b)		79,159		666,519
FuelCell Energy, Inc. (a) (b)		226,406		495,829
GS Yuasa Corp.		33,953		681,733
Hydro Lithium, Inc. (a)		21,529		458,567
Hyliion Holdings Corp. (a)		298,806		588,648
Kempower Oyj (a) (b)		17,163		766,155
Li-Cycle Holdings Corp. (a) (b)		111,526		672,502
Microvast Holdings, Inc. (a) (b)		436,057		1,251,483
Nikola Corp. (a) (b)		538,972		1,439,055
Plug Power, Inc. (a) (b)		100,897		1,323,769
Proterra, Inc. (a) (b)		345,001		583,052
Shin Heung Energy & Electronics Co. Ltd.		15,335		608,756
The Lion Electric Co. (a) (b)		213,462		559,270
Varta AG (b)		23,869		540,891
Vitzrocell Co. Ltd.		38,687		606,718
Wallbox NV (a) (b)		168,504		711,087
				31,590,434
Information Technology - 8.7%
L&F Co. Ltd.		5,906		1,193,108
Lotte Energy Materials Corp.		15,425		663,155
NAURA Technology Group Co. Ltd.		56,944		2,261,506
NEC Corp.		34,857		1,759,940
Phoenix Silicon International Corp.		273,220		530,330
Samsung SDI Co. Ltd.		6,992		3,647,809
Simplo Technology Co. Ltd.		65,413		640,049
SolarEdge Technologies, Inc. (a)		6,294		1,519,749
TDK Corp.		48,177		1,841,200
				14,056,846
Materials - 43.7%
African Rainbow Minerals Ltd.		56,636		635,755
Albemarle Corp.		12,800		2,717,184
Allkem Ltd. (a)		111,020		1,105,159
Alpha HPA Ltd. (a)		788,739		590,722
American Lithium Corp. (a)		247,275		476,304
AMG Advanced Metallurgical Group NV		14,369		587,399
Aneka Tambang Tbk		5,338,926		702,770
Argosy Minerals Ltd. (a)		1,695,610		364,461
BHP Group Ltd. - ADR		163,995		10,274,287
Chalice Mining Ltd. (a)		122,091		484,670
CMOC Group Ltd. - Class H		3,260,060		2,173,680
Core Lithium Ltd. (a) (b)		889,277		382,289
Critical Elements Lithium Corp. (a) (b)		312,190		414,312
Eramet SA		7,373		620,159
First Quantum Minerals Ltd.		75,150		2,228,883
Ganfeng Lithium Co. Ltd. - Class H (c)		297,613		1,904,229
Glencore PLC		1,165,194		7,081,244
Guangzhou Tinci Materials Technology Co. Ltd.		258,880		1,333,748
IGO Ltd.		110,168		1,021,198
ioneer Ltd. (a)		2,217,284		431,911
Ivanhoe Electric, Inc. (a) (b)		47,380		770,399
Jinchuan Group International Resources Co. Ltd.		8,023,247		452,657
Johnson Matthey PLC		36,510		843,861
Lake Resources NL (a)		1,528,149		230,953
Leo Lithium Ltd. (a) (d)		1,343,246		1,028,574
LG Chem Ltd.		7,118		3,618,612
Liontown Resources Ltd. (a)		434,526		785,133
Lithium Americas Corp. (a)		37,254		752,058
Livent Corp. (a)		35,355		870,440
Lundin Mining Corp.		127,550		1,140,419
Lygend Resources & Technology Co. Ltd. (e)		489,238		741,488
Mineral Resources Ltd.		26,680		1,280,094
MMC Norilsk Nickel PJSC - ADR (a) (d)		182,937		–
MP Materials Corp. (a) (b)		38,642		921,612
Nickel Industries Ltd.		1,016,760		563,440
Patriot Battery Metals, Inc. (a) (b)		55,981		607,082
Piedmont Lithium, Inc. (a)		10,155		557,103
Pilbara Minerals Ltd.		414,343		1,347,040
Resonac Holdings Corp.		46,231		755,379
Sayona Mining Ltd. (a)		4,309,846		419,764
Shanghai Putailai New Energy Technology Co. Ltd.		279,752		1,541,880
Sigma Lithium Corp. (a)		21,812		851,322
SK IE Technology Co. Ltd. (a) (c)		14,386		1,211,013
Sociedad Quimica y Minera de Chile SA - ADR		29,241		2,154,769
South32 Ltd.		571,385		1,489,141
Standard Lithium Ltd. (a) (b)		165,506		768,132
Sumitomo Metal Mining Co. Ltd.		37,998		1,312,495
Tianqi Lithium Corp.		302,883		1,883,577
Umicore SA		35,743		1,057,946
Vale Indonesia Tbk PT		1,882,155		858,078
Vulcan Energy Resources Ltd. (a) (b)		151,788		452,685
W-Scope Corp. (a)		62,599		676,306
Yunnan Energy New Material Co. Ltd. (a)		115,448		1,558,853
Zhejiang Huayou Cobalt Co. Ltd.		209,565		1,475,833
				70,508,502
Total Common Stocks (Cost $179,898,465)				160,237,540
MONEY MARKET FUNDS - 0.1%
Invesco Government & Agency Portfolio - Institutional Class - 5.10% (f)		188,979		188,979
Total Money Market Funds (Cost $188,979)				188,979
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 10.7%
First American Government Obligations Fund - Class X - 5.18% (f)		17,355,466		17,355,466
Total Investments Purchased with Proceeds from Securities Lending (Cost $17,355,466)				17,355,466
Total Investments - 110.0%
(Cost $197,442,910)			$	177,781,985

Percentages are based on Net Assets of $161,524,586.
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, 2023. Total value of securities out on loan is $16,623,259 or 10.3% 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, 2023, the value of these securities amounted to $4,990,998 or 3.1% of total net assets.
(d)	Illiquid security. At July 31, 2023, the value of these securities amounted to $1,028,574 or 0.6% of net assets. Value is determined using significant unobservable inputs.
(e)	Security exempt from registration under 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, 2023 the value of these securities amounted to $741,488 or 0.5% of net assets.
(f)	Seven-day yield as of July 31, 2023.
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 year/period ended July 31, 2023 maximized the use of observable inputs and minimized the use of unobservable inputs.
For the period ended July 31, 2023, 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. Deposit accounts are valued at acquisition cost, which approximates fair value. 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 trade price.
The Trust's valuation procedures provide for the designation of the Adviser as "Valuation Designee". 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 Valuation Designee, pursuant to procedures established by 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, 2023:
	Category
	Investments in Securities
	Assets
	Level 1
	Common Stocks
	Australia	$  21,222,949
	Belgium	1,057,946
	Brazil	851,322
	Britain	1,631,418
	Canada	8,389,361
	Chile	2,154,769
	China	47,084,195
	Finland	766,155
	France	620,159
	Germany	540,891
	Hong Kong	452,657
	Indonesia	1,560,848
	Israel	1,519,749
	Japan	10,310,490
	Netherlands	587,399
	Norway	666,519
	South Africa	635,755
	South Korea	15,660,120
	Spain	711,087
	Switzerland	7,081,244
	Taiwan	1,863,501
	United States	33,840,432
	Money Market Funds
	United States	188,979
	Investments Purchased with Proceeds from Securities Lending
	United States	17,355,466
	Total Level 1	176,753,411
	Level 2	-
	Total Level 2	-
	Level 3
	Common Stocks
	Australia	1,028,574
	Russia	0
	Total Level 3	1,028,574
	Total	$177,781,985
See the Schedule of Investments for further disaggregation of investment categories.
For the period ended January 31, 2023, there were no transfers into or out of Level 3 for the Fund, except for the below. Below is a reconciliation of securities in Level 3 for the Fund.

BATT	Balance as of 10/31/2022		Net Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)		Purchases/ Acquisition		Sales		Corporate Action		Transfers In/Out of Level 3		Balance as of 07/31/2023		Net Change in Unrealized Appreciation (Depreciation) on Securities held at 07/31/2023
Common Stocks	$	0	$	-	$	-	$	-	$	-	$	-	$	1,028,574	$	1,028,574	$	-
The following is a summary of quantitative information about Level 3 Fair Value Measurements:
BATT					Fair Value as of 07/31/23		Valuation Techniques		Unobservable Input		Range/Weighted Average Unobservable Input		Impact to Valuation from an Increase to Input
Common Stocks					$	1,028,574	Market Approach		No Market Activity			-	Decrease
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 July 31, 2023, 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.