Amplify Online Retail ETF (IBUY) NPORT-P Amplify Natural Resources Dividend Income ETF (Dec 2024 report)

Amplify Natural Resources Dividend Income ETF
Schedule of Investments
December 31, 2024 (Unaudited)
COMMON STOCKS - 99.3%	Shares		Value
Energy - 85.7%(a)
Antero Midstream Corp.		22,499	$	339,510
APA Corp.		9,095		210,003
BP PLC - ADR		10,573		312,538
Canadian Natural Resources Ltd.		7,191		221,986
Cenovus Energy, Inc.		10,370		157,105
Cheniere Energy Partners LP		6,966		370,034
Chevron Corp.		1,571		227,544
Chord Energy Corp.		1,653		193,269
Civitas Resources, Inc.		4,334		198,801
Coterra Energy, Inc.		8,173		208,738
DT Midstream, Inc.		2,125		211,289
Enbridge, Inc.		8,576		363,880
Energy Transfer LP		26,100		511,299
Eni SpA - ADR		8,720		238,579
EnLink Midstream LLC		13,252		187,516
Enterprise Products Partners LP		13,649		428,033
Equinor ASA - ADR		10,736		254,336
Exxon Mobil Corp.		1,434		154,255
HF Sinclair Corp.		5,931		207,881
Kinder Morgan, Inc.		10,224		280,138
MPLX LP		9,674		462,998
Murphy Oil Corp.		6,164		186,523
Noble Corp. PLC		11,023		346,122
ONEOK, Inc.		2,307		231,623
Ovintiv, Inc.		4,166		168,723
Pembina Pipeline Corp.		6,131		226,540
Petroleo Brasileiro SA - ADR		46,738		601,051
Phillips 66		1,468		167,249
Plains All American Pipeline LP		23,595		403,003
Shell PLC - ADR		3,392		212,509
South Bow Corp.		17,537		413,347
Suncor Energy, Inc.		5,940		211,939
Sunoco LP		7,148		367,693
TC Energy Corp.		7,044		327,757
TotalEnergies SE - ADR		3,688		200,996
Valero Energy Corp.		1,323		162,186
Western Midstream Partners LP		13,281		510,389
Williams Cos., Inc.		3,798		205,548
				10,682,930
Materials - 13.6%
B2Gold Corp.		75,056		183,137
Dow, Inc.		5,761		231,189
Eastman Chemical Co.		1,546		141,181
FMC Corp.		3,281		159,489
ICL Group Ltd.		63,433		313,359
LyondellBasell Industries NV - Class A		3,717		276,061
Mosaic Co.		6,540		160,753
Nutrien Ltd.		5,165		231,134
				1,696,303
TOTAL COMMON STOCKS (Cost $12,421,312)				12,379,233
SHORT-TERM INVESTMENTS - 0.7%
Money Market Funds - 0.7%
Invesco Government & Agency Portfolio – Institutional Class, 4.42% (b)		86,109		86,109
TOTAL SHORT-TERM INVESTMENTS (Cost $86,109)				86,109
TOTAL INVESTMENTS - 100.0% (Cost $12,507,421)				12,465,342
Other Assets in Excess of Liabilities - 0.0% (c)				3,925
TOTAL NET ASSETS - 100.0%			$	12,469,267
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.

ADR - American Depositary Receipt

ASA - Advanced Subscription Agreement

NV - Naamloze Vennootschap

PLC - Public Limited Company

SA - Sociedad Anónima

SE - Societas Europeae

SpA - Societa per Azioni

(a)	To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(b)	The rate shown represents the 7-day annualized effective yield as of December 31, 2024.
(c)	Represents less than 0.05% of net assets.

Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)

Amplify Natural Resources 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	$	12,379,233	$	–	$	–	$	12,379,233
Money Market Funds		86,109		–		–		86,109
Total Investments	$	12,465,342	$	–	$	–	$	12,465,342
Refer to the Schedule of Investments for further disaggregation of investment categories.