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

Invesco DB Precious Metals Fund (NYSEARCA:DBP)’s share price traded up 3.5% on Friday . The company traded as high as $120.95 and last traded at $120.93. 22,004 shares traded hands during trading, a decline of 23% from the average session 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 Up 3.5%

The stock has a 50 day simple moving average of $113.69 and a 200 day simple moving average of $97.42. The company has a market cap of $302.33 million, a price-to-earnings ratio of 8.02 and a beta of 0.13.

Hedge Funds Weigh In On Invesco DB Precious Metals Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN grew its position in Invesco DB Precious Metals Fund by 3.1% in the fourth quarter. Wells Fargo & Company MN now owns 242,369 shares of the company’s stock valued at $24,918,000 after acquiring an additional 7,238 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of 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 purchasing an additional 140,454 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Invesco DB Precious Metals Fund by 18.9% during the 4th quarter. The Manufacturers Life Insurance Company now owns 133,746 shares of the company’s stock valued at $13,750,000 after purchasing an additional 21,293 shares in the last quarter. Jane Street Group LLC increased its stake in Invesco DB Precious Metals Fund by 201.7% during the 1st quarter. Jane Street Group LLC now owns 111,626 shares of the company’s stock worth $7,976,000 after buying an additional 74,630 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Invesco DB Precious Metals Fund by 16.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 81,705 shares of the company’s stock worth $7,266,000 after buying an additional 11,250 shares during the period.

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.