Petra Financial Advisors Inc. expanded its portfolio across several asset types in the first quarter, adding positions in both ETFs and individual energy and municipal funds. The firm bought 13,757 shares of Invesco Dorsey Wright Developed Markets Momentum ETF (PIZ) for about $681,000, joining other hedge funds that increased or established new stakes in the ETF. It also lifted its stake in Fidelity Enhanced Small Cap ETF (FESM) by about 44.9% to 44,051 shares, valued at roughly $1.674 million. In AllianceBernstein National Municipal Income Fund (AFB), Petra acquired 53,350 shares for around $570,000. Additionally, Petra opened new or increased positions in Marathon Petroleum (MPC) by 2,929 shares valued at about $715,000, and in Valero Energy (VLO) by 6,509 shares worth roughly $1.608 million, signaling broad diversification across energy names and alternatives. These moves reflect a strategy of expanding exposure through targeted ETF and sector allocations while balancing risk across different industries.