|
Amplify Lithium & Battery Technology ETF
|
||||||||
|
Schedule of Investments
|
||||||||
|
January 31, 2023 (Unaudited)
|
||||||||
|
Description
|
Shares
|
Value
|
||||||
|
COMMON STOCKS - 99.7%
|
||||||||
|
Consumer Discretionary - 20.3%
|
||||||||
|
BAIC Motor Corp. Ltd. - Class H (a)
|
1,315,920
|
$
|
402,773
|
|||||
|
BYD Co. Ltd. - Class H
|
322,226
|
10,068,086
|
||||||
|
CALB Co Ltd. (a) (b)
|
167,441
|
532,786
|
||||||
|
EVgo, Inc. (b) (c)
|
129,456
|
891,952
|
||||||
|
Fisker, Inc. (b) (c)
|
43,777
|
326,139
|
||||||
|
Li Auto, Inc. - ADR (b) (c)
|
89,705
|
2,233,654
|
||||||
|
Lucid Group, Inc. (b) (c)
|
152,439
|
1,782,012
|
||||||
|
NIO, Inc. - ADR (b)
|
133,826
|
1,615,280
|
||||||
|
Panasonic Holdings Corp.
|
303,722
|
2,800,034
|
||||||
|
Polestar Automotive Holding UK PLC - ADR (b) (c)
|
197,170
|
1,104,152
|
||||||
|
QuantumScape Corp. (b) (c)
|
50,689
|
431,363
|
||||||
|
Rivian Automotive, Inc. - Class A (b)
|
85,257
|
1,653,986
|
||||||
|
Tesla, Inc. (b)
|
51,272
|
8,881,336
|
||||||
|
Tianneng Power International Ltd.
|
293,642
|
434,407
|
||||||
|
XPeng, Inc. - ADR (b) (c)
|
77,443
|
823,993
|
||||||
|
Yadea Group Holdings Ltd. (a)
|
327,462
|
745,869
|
||||||
|
Zhejiang Leapmotor Technologies Ltd. (a) (b)
|
110,068
|
390,235
|
||||||
|
35,118,057
|
||||||||
|
Industrials - 19.7%
|
||||||||
|
Blink Charging Co. (b) (c)
|
57,583
|
783,705
|
||||||
|
ChargePoint Holdings, Inc. (b) (c)
|
88,696
|
1,076,769
|
||||||
|
Contemporary Amperex Technology Co. Ltd.
|
198,133
|
13,640,988
|
||||||
|
Ecopro BM Co. Ltd.
|
18,123
|
1,468,319
|
||||||
|
EnerSys
|
14,393
|
1,194,907
|
||||||
|
Eve Energy Co. Ltd.
|
214,576
|
2,796,146
|
||||||
|
FREYR Battery SA (b) (c)
|
70,155
|
618,065
|
||||||
|
FuelCell Energy, Inc. (b)
|
280,276
|
1,025,810
|
||||||
|
GS Yuasa Corp.
|
55,019
|
955,272
|
||||||
|
Hyliion Holdings Corp. (b)
|
282,543
|
1,011,504
|
||||||
|
Kempower Oyj (b)
|
39,890
|
996,990
|
||||||
|
Li-Cycle Holdings Corp. (b) (c)
|
142,601
|
775,749
|
||||||
|
Microvast Holdings, Inc. (b)
|
344,313
|
561,230
|
||||||
|
Nikola Corp. (b) (c)
|
300,080
|
813,217
|
||||||
|
Plug Power, Inc. (b)
|
99,658
|
1,696,179
|
||||||
|
Proterra, Inc. (b)
|
141,147
|
719,850
|
||||||
|
The Lion Electric Co. (b) (c)
|
255,630
|
669,750
|
||||||
|
Varta AG (c)
|
28,408
|
859,183
|
||||||
|
Wallbox NV (b) (c)
|
134,321
|
750,854
|
||||||
|
Wuxi Lead Intelligent Equipment Co. Ltd.
|
231,013
|
1,577,136
|
||||||
|
33,991,623
|
||||||||
|
Information Technology - 9.8%
|
||||||||
|
Iljin Materials Co. Ltd.
|
20,369
|
1,038,459
|
||||||
|
L&F Co. Ltd.
|
7,734
|
1,293,395
|
||||||
|
NAURA Technology Group Co. Ltd.
|
65,758
|
2,280,088
|
||||||
|
NEC Corp.
|
47,212
|
1,695,664
|
||||||
|
Novonix Ltd. - ADR (b) (c)
|
120,274
|
641,060
|
||||||
|
Samsung SDI Co. Ltd.
|
7,636
|
4,246,355
|
||||||
|
Simplo Technology Co. Ltd.
|
109,235
|
1,076,888
|
||||||
|
SolarEdge Technologies, Inc. (b)
|
8,448
|
2,696,010
|
||||||
|
TDK Corp.
|
57,193
|
2,023,384
|
||||||
|
16,991,303
|
||||||||
|
Materials - 49.9%
|
||||||||
|
African Rainbow Minerals Ltd.
|
68,895
|
1,123,503
|
||||||
|
Albemarle Corp.
|
12,741
|
3,585,954
|
||||||
|
Allkem Ltd. (b)
|
126,663
|
1,160,479
|
||||||
|
AMG Advanced Metallurgical Group NV
|
23,660
|
919,299
|
||||||
|
Aneka Tambang Tbk
|
7,946,333
|
1,224,552
|
||||||
|
BHP Group Ltd. - ADR
|
207,759
|
14,574,294
|
||||||
|
CMOC Group Ltd. - Class H
|
4,842,516
|
2,791,449
|
||||||
|
Core Lithium Ltd. (b) (c)
|
987,242
|
808,341
|
||||||
|
Eramet SA
|
11,954
|
1,189,110
|
||||||
|
First Quantum Minerals Ltd.
|
90,784
|
2,106,273
|
||||||
|
Ganfeng Lithium Co. Ltd. - Class H (a)
|
325,599
|
2,960,689
|
||||||
|
Glencore PLC
|
1,259,814
|
8,405,697
|
||||||
|
Guangzhou Tinci Materials Technology Co. Ltd.
|
271,194
|
1,969,854
|
||||||
|
IGO Ltd.
|
139,440
|
1,434,035
|
||||||
|
ioneer Ltd. (b)
|
1,935,164
|
587,353
|
||||||
|
Jinchuan Group International Resources Co. Ltd.
|
10,624,762
|
1,043,350
|
||||||
|
Johnson Matthey PLC
|
49,150
|
1,367,011
|
||||||
|
LG Chem Ltd.
|
7,773
|
4,354,092
|
||||||
|
Liontown Resources Ltd. (b) (c)
|
750,127
|
831,280
|
||||||
|
Lithium Americas Corp. (b) (c)
|
37,923
|
953,669
|
||||||
|
Livent Corp. (b)
|
39,063
|
1,012,513
|
||||||
|
Lundin Mining Corp.
|
192,489
|
1,456,814
|
||||||
|
Mineral Resources Ltd.
|
31,342
|
1,967,600
|
||||||
|
MMC Norilsk Nickel PJSC - ADR (d) (e)
|
182,937
|
–
|
||||||
|
MP Materials Corp. (b)
|
37,191
|
1,209,079
|
||||||
|
Neometals Ltd. (b)
|
1,115,719
|
665,464
|
||||||
|
Piedmont Lithium, Inc. (b)
|
13,896
|
953,821
|
||||||
|
Pilbara Minerals Ltd. (b)
|
467,292
|
1,566,733
|
||||||
|
Resonac Holdings Corp.
|
64,666
|
1,095,445
|
||||||
|
Shanghai Putailai New Energy Technology Co. Ltd.
|
209,078
|
1,708,035
|
||||||
|
SK IE Technology Co. Ltd. (a) (b)
|
23,426
|
1,274,186
|
||||||
|
Sociedad Quimica y Minera de Chile SA - ADR
|
31,964
|
3,117,769
|
||||||
|
South32 Ltd.
|
684,184
|
2,192,510
|
||||||
|
Standard Lithium Ltd. (b) (c)
|
183,524
|
826,206
|
||||||
|
Sumitomo Metal Mining Co. Ltd.
|
50,702
|
2,044,206
|
||||||
|
Tianqi Lithium Corp. (b)
|
281,896
|
2,601,044
|
||||||
|
Umicore SA
|
42,313
|
1,592,994
|
||||||
|
Vale Indonesia Tbk PT (b)
|
2,548,580
|
1,262,389
|
||||||
|
Vulcan Energy Resources Ltd. (b)
|
173,062
|
870,972
|
||||||
|
W-Scope Corp. (b)
|
67,039
|
746,280
|
||||||
|
Yunnan Energy New Material Co. Ltd.
|
111,398
|
2,570,070
|
||||||
|
Zhejiang Huayou Cobalt Co. Ltd.
|
214,202
|
2,083,706
|
||||||
|
86,208,120
|
||||||||
|
Total Common Stocks (Cost
$198,489,669)
|
172,309,103
|
|||||||
|
MONEY MARKET FUNDS - 0.2%
|
||||||||
|
Invesco Government & Agency Portfolio - Institutional Class - 4.30% (f)
|
306,260
|
306,260
|
||||||
|
Total Money Market Funds (Cost
$306,260)
|
306,260
|
|||||||
|
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 9.5%
|
||||||||
|
First American Government Obligations Fund - Class X - 4.10% (f)
|
16,464,445
|
16,464,445
|
||||||
|
Total Investments Purchased with
Proceeds from Securities Lending (Cost $16,464,445)
|
16,464,445
|
|||||||
|
Total Investments - 109.4%
|
||||||||
|
(Cost $215,260,374)
|
$
|
189,079,808
|
||||||
|
Percentages are based on Net Assets
of $172,806,638.
|
||||||||||
|
ADR -
|
American Depositary Receipt
|
|||||||||
|
(a)
|
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 January 31, 2023, the value of these securities amounted to $6,306,538 or 3.6% of net assets.
|
|||||||||
|
(b)
|
Non-income producing security.
|
|||||||||
|
(c)
|
All or a portion of this security is out on loan as of January 31, 2023. Total value of the securities out on loan is $16,160,759 or
9.4% of net assets.
|
|||||||||
|
(d)
|
Illiquid security. At January 31, 2023, the value of this security amounted to $0 or 0.0% of net assets.
|
|||||||||
|
(e)
|
The Fund has fair valued this security. Value determined using significant unobservable inputs.
|
|||||||||
|
(f)
|
Seven-day yield as of January 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 Financial Services LLC ("S&P"). GICS® is a service mark of MSCI, Inc. and S&P and has been licensed for use by the 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 January 31, 2023 maximized the use of
observable inputs and minimized the use of unobservable inputs.
|
||||||||||||||||||
|
For the period ended January 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 January 31,
2023:
|
||||||||||||||||||
|
Category
|
||||||||||||||||||
|
Investments in Securities
|
||||||||||||||||||
|
Assets
|
||||||||||||||||||
|
Level 1
|
||||||||||||||||||
|
Common Stocks
|
||||||||||||||||||
|
Australia
|
$ 27,300,121
|
|||||||||||||||||
|
Belgium
|
1,592,994
|
|||||||||||||||||
|
Britain
|
2,471,163
|
|||||||||||||||||
|
Canada
|
6,788,462
|
|||||||||||||||||
|
Chile
|
3,117,769
|
|||||||||||||||||
|
China
|
54,226,288
|
|||||||||||||||||
|
Finland
|
996,990
|
|||||||||||||||||
|
France
|
1,189,110
|
|||||||||||||||||
|
Germany
|
859,183
|
|||||||||||||||||
|
Hong Kong
|
1,043,350
|
|||||||||||||||||
|
Indonesia
|
2,486,940
|
|||||||||||||||||
|
Israel
|
2,696,010
|
|||||||||||||||||
|
Japan
|
11,360,284
|
|||||||||||||||||
|
Netherlands
|
919,299
|
|||||||||||||||||
|
Norway
|
618,066
|
|||||||||||||||||
|
South Africa
|
1,123,503
|
|||||||||||||||||
|
South Korea
|
13,674,805
|
|||||||||||||||||
|
Spain
|
750,854
|
|||||||||||||||||
|
Switzerland
|
8,405,697
|
|||||||||||||||||
|
Taiwan
|
1,076,888
|
|||||||||||||||||
|
United States
|
29,611,327
|
|||||||||||||||||
|
Money Market Funds
|
||||||||||||||||||
|
United States
|
306,260
|
|||||||||||||||||
|
Investments Purchased with
Proceeds from Securities Lending
|
||||||||||||||||||
|
United States
|
16,464,445
|
|||||||||||||||||
|
Total Level 1
|
189,079,808
|
|||||||||||||||||
|
Level 2
|
-
|
|||||||||||||||||
|
Total Level 2
|
-
|
|||||||||||||||||
|
Level 3
|
||||||||||||||||||
|
Common Stocks
|
||||||||||||||||||
|
Russia
|
0
|
|||||||||||||||||
|
Total Level 3
|
0
|
|||||||||||||||||
|
Total
|
$189,079,808
|
|||||||||||||||||
|
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
01/31/2023
|
Net Change in Unrealized Appreciation (Depreciation) on Securities held at 01/31/2023
|
|||||||||||||||||||||||||||
|
Common Stocks
|
$
|
0
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
0
|
$
|
-
|
||||||||||||||||||
|
The following is a summary of quantitative information about Level 3 Fair Value Measurements:
|
||||||||||||||||||||||||||||||||||||
|
BATT
|
Fair Value as
of 01/31/23
|
Valuation Techniques
|
Unobservable
Input
|
Range/Weighted Average Unobservable
Input
|
Impact to
Valuation
from an
Increase to
Input
|
|||||||||||||||||||||||||||||||
|
Common Stocks
|
$
|
0
|
Market Approach
|
No Market Activity
|
-
|
Increase
|
||||||||||||||||||||||||||||||
|
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 January 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.
|
||||||||||||||||||||||||||||||||||||