| Amplify CWP Enhanced Dividend Income ETF | |
| Schedule of Investments | |
| December 31, 2024 (Unaudited) | |
| | |
| COMMON STOCKS - 90.1% | | Shares | | | Value | |
| Communication Services - 6.0% | | | | |
| Meta Platforms, Inc. - Class A | | | 196,360 | | | $ | 114,970,743 | |
| Verizon Communications, Inc. | | | 2,798,032 | | | | 111,893,300 | |
| | | | | | | | 226,864,043 | |
| | | | | | | | | |
| Consumer Discretionary - 11.1% | | | | | |
| Home Depot, Inc. | | | 478,139 | | | | 185,991,290 | |
| McDonald's Corp. | | | 267,876 | | | | 77,654,574 | |
| TJX Cos., Inc. | | | 1,261,467 | | | | 152,397,828 | |
| | | | | | | | 416,043,692 | |
| | | | | | | | | |
| Consumer Staples - 4.0% | | | | | |
| Procter & Gamble Co. | | | 885,450 | | | | 148,445,693 | |
| | | | | | | | | |
| Energy - 4.9% | | | | | |
| Chevron Corp. | | | 798,856 | | | | 115,706,303 | |
| Marathon Petroleum Corp. | | | 503,518 | | | | 70,240,761 | |
| | | | | | | | 185,947,064 | |
| | | | | | | | | |
| Financials - 24.8% | | | | | |
| American Express Co. | | | 537,150 | | | | 159,420,749 | |
| CME Group, Inc. | | | 836,096 | | | | 194,166,574 | |
| Goldman Sachs Group, Inc. | | | 325,189 | | | | 186,209,725 | |
| JPMorgan Chase & Co. | | | 767,844 | | | | 184,059,885 | |
| Visa, Inc. - Class A | | | 668,812 | | | | 211,371,344 | |
| | | | | | | | 935,228,277 | |
| | | | | | | | | |
| Health Care - 12.4% | | | | | |
| Amgen, Inc. | | | 701,956 | | | | 182,957,812 | |
| Merck & Co., Inc. | | | 760,837 | | | | 75,688,065 | |
| UnitedHealth Group, Inc. | | | 414,177 | | | | 209,515,577 | |
| | | | | | | | 468,161,454 | |
| | | | | | | | | |
| Industrials - 12.6% | | | | | |
| Caterpillar, Inc. | | | 544,903 | | | | 197,669,012 | |
| Honeywell International, Inc. | | | 877,572 | | | | 198,234,739 | |
| RTX Corp. | | | 661,206 | | | | 76,514,759 | |
| | | | | | | | 472,418,510 | |
| | | | | | | | | |
| Information Technology - 9.5% | | | | | |
| International Business Machines Corp. | | | 711,078 | | | | 156,316,277 | |
| Microsoft Corp. | | | 474,891 | | | | 200,166,557 | |
| | | | | | | | 356,482,834 | |
| | | | | | | | | |
| Materials - 2.8% | | | | | |
| Freeport-McMoRan, Inc. | | | 2,752,954 | | | | 104,832,488 | |
| | | | | | | | | |
| Utilities - 2.0% | | | | | |
| Duke Energy Corp. | | | 713,706 | | | | 76,894,684 | |
TOTAL COMMON STOCKS (Cost $2,992,357,094) | | | | 3,391,318,739 | |
| | | | | | | | | |
| AFFILIATED EXCHANGE TRADED FUNDS - 5.0% | | | | | | | | |
Amplify Samsung SOFR ETF (a)(b) | | | 1,889,510 | | | | 189,366,692 | |
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $189,557,628) | | | | 189,366,692 | |
| | | | | | | | | |
| SHORT-TERM INVESTMENTS - 5.1% | | | | | | | | |
Investments Purchased with Proceeds from Securities Lending - 0.0%(c) | | | | | | | | |
First American Government Obligations Fund - Class X, 4.39% (d) | | | 255,627 | | | | 255,627 | |
| | | | | | | | | |
| Money Market Funds - 5.1% | | | | | | | | |
Invesco Government & Agency Portfolio - Institutional Class, 4.42% (d) | | | 190,203,929 | | | | 190,203,929 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $190,459,556) | | | | 190,459,556 | |
| | | | | | | | | |
TOTAL INVESTMENTS - 100.2% (Cost $3,372,374,278) | | | | 3,771,144,987 | |
| Liabilities in Excess of Other Assets - (0.2)% | | | | (5,948,475 | ) |
| TOTAL NET ASSETS - 100.0% | | | | | | $ | 3,765,196,512 | |
| 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. | |
| (a) | All or a portion of this security is on loan as of December 31, 2024. The total market value of these securities was $250,550 which represented 0.0% of net assets. |
| (b) | Affiliated company as defined by the Investment Company Act of 1940. |
| (c) | Represents less than 0.05% of net assets. |
| (d) | The rate shown represents the 7-day annualized effective yield as of December 31, 2024. |
| Security Name | | Value at September 30, 2024 | | | Purchases | | | Sales | | | Net Realized Gain (Losses) | | | Net Change in Unrealized Appreciation (Depreciation) | | | Dividend Income | | | Value at December 31, 2024 | | | Ending Shares | |
Amplify Samsung SOFR ETF | | | 178,493,023 | | | | 12,009,287 | | | | (1,119,319 | ) | | | 1,774 | | | | (18,073 | ) | | | 2,176,111 | | | | 189,366,692 | | | | 1,889,510 | |
| | | $ | 178,493,023 | | | $ | 12,009,287 | | | $ | (1,119,319 | ) | | $ | 1,774 | | | $ | (18,073 | ) | | $ | 2,176,111 | | | $ | 189,366,692 | | | | 1,889,510 | |
Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)
Amplify CWP Enhanced Dividend Income 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 | | $ | 3,391,318,739 | | | $ | – | | | $ | – | | | $ | 3,391,318,739 | |
| Affiliated Exchange Traded Funds | | | 189,366,692 | | | | – | | | | – | | | | 189,366,692 | |
| Investments Purchased with Proceeds from Securities Lending | | | 255,627 | | | | – | | | | – | | | | 255,627 | |
| Money Market Funds | | | 190,203,929 | | | | – | | | | – | | | | 190,203,929 | |
| Total Investments | | $ | 3,771,144,987 | | | $ | – | | | $ | – | | | $ | 3,771,144,987 | |
| | |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | |
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 December 31, 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.
