NPORT-EX 2 mvps.htm NPORT-EX

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.