Qenya cognate of G. Peleg appearing on an early name list (PE13/103), perhaps a reduced form of pelekko “axe”.
Early Quenya
pelekko
noun. axe
pelek
masculine name. Axe
There are more words but they are from Tolkien's earlier conceptional periods. Tolkien likely changed these words as he evolved the aesthetics and completeness of the languages. You may even find languages that Tolkien later rejected. Do not mix words from different time periods unless you are familiar with the phonetic developments.
pelekko
noun. axe
pelek
masculine name. Axe
Below: Tolkien's Late Period (1950–1973). These are from Tolkien's late conceptual period — his most settled forms of the languages. Prefer these over the earlier ones above when composing new text.
A noun for “axe” in the Qenya Lexicon and Poetic and Mythological Words of Eldarissa of the 1910s (QL/73; PME/73).
Neo-Quenya: I’d keep ᴺQ. pelecco “axe” for purposes of Neo-Quenya as there are no later Quenya words of the same meaning. For example, Helge Fauskanger used this word in his NQNT (NQNT).