Invesco DB Precious Metals Fund (NYSEARCA:DBP) Trading 3.5% Higher – Still a Buy?

Invesco DB Precious Metals Fund (NYSEARCA:DBP)’s share price rose 3.5% on Friday . The company traded as high as $120.95 and last traded at $120.93. Approximately 22,004 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 28,477 shares. The stock had previously closed at $116.87.

More Invesco DB Precious Metals Fund News

Here are the key news stories impacting Invesco DB Precious Metals Fund this week:

• Positive Sentiment: Safe‑haven buying tied to escalating U.S.‑Iran tensions pushed gold back above $5,000, a direct driver for precious‑metals ETFs like DBP. Gold reclaims $5,000 as Middle East tensions boost safe-haven demand
• Positive Sentiment: Gold momentum accelerated as some Wall Street bearish positions unwound after prices climbed to roughly $5,100/oz, reinforcing investor bullishness that benefits DBP. Wall Street bears turn tail after gold rises $5,100/oz, Main Street bullishness unchanged as Iran tensions mount
• Positive Sentiment: Technical indicators show bullish reversals (reclaiming key moving averages and ABCD patterns), with analyst targets pointing to further upside — a positive catalyst for DBP exposure to bullion. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Further Gains
• Positive Sentiment: Intraday strength — spot gold made a session high above $5,060 after weak flash S&P PMI — reinforcing short‑term momentum that typically lifts DBP NAV. Spot gold shoots session high above $5,060/oz as flash S&P PMI worst in 10 months
• Neutral Sentiment: DBP’s technical picture is constructive: the fund is trading above its 50‑day and 200‑day moving averages, supporting momentum but not guaranteeing continuation.
• Neutral Sentiment: Market commentary notes consolidation and “chop” around the $5,000 level — momentum exists but price action could remain rangebound, creating mixed short‑term risk/reward for DBP holders. Gold Price Analysis – Gold Rallies Slightly on Friday
• Negative Sentiment: Some technical studies argue a bearish bias persists if gold fails to hold above key short‑term averages, which could reverse gains in DBP if sellers return. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average
• Negative Sentiment: DBP’s trading volume was below its recent average today, which can signal weaker conviction behind the move and makes sustainability of the rally less certain.

Invesco DB Precious Metals Fund Stock Performance

The firm has a market capitalization of $302.33 million, a price-to-earnings ratio of 8.02 and a beta of 0.13. The company has a 50-day moving average price of $113.69 and a 200-day moving average price of $97.56.

Institutional Trading of Invesco DB Precious Metals Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DBP. Newbridge Financial Services Group Inc. purchased a new position in shares of Invesco DB Precious Metals Fund in the 2nd quarter valued at $851,000. American Trust purchased a new stake in Invesco DB Precious Metals Fund in the second quarter valued at $1,044,000. Advisory Services Network LLC acquired a new position in Invesco DB Precious Metals Fund in the second quarter valued at $3,628,000. Osaic Holdings Inc. boosted its stake in Invesco DB Precious Metals Fund by 2,049.5% in the second quarter. Osaic Holdings Inc. now owns 147,307 shares of the company’s stock valued at $11,069,000 after acquiring an additional 140,454 shares in the last quarter. Finally, Saxony Capital Management LLC purchased a new position in shares of Invesco DB Precious Metals Fund during the third quarter worth about $744,000.

Invesco DB Precious Metals Fund Company Profile

The Invesco DB Precious Metals Fund (DBP) is an exchange-traded fund that is based on the DBIQ Optimum Yield Precious Metals index. The fund tracks an index of gold and silver futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango. DBP was launched on Jan 5, 2007 and is managed by Invesco.