ERTH β€” INVESCO EXCHANGE TRADED FD T

Ownership history in Perigon Wealth Management, LLC  Β·  11 quarters on record

This page tracks every 13F SEC filing in which Perigon Wealth Management, LLC reported a position in INVESCO EXCHANGE TRADED FD T (ERTH). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.04% (2023 Q2)
πŸ“Š Avg. % of fund
0.02%
πŸ“… First filed
2023 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
11

Position Intelligence

Perigon Wealth Management, LLC Γ— ERTH AI Analytics

πŸ“‰ Perigon Wealth Management, LLC underperformed the S&P 500 by –18.0% annually on this ERTH position. Timing score: 40% (4/10 decisions correct). Average cost basis: $46.65. Maximum drawdown during holding period: –19.4%.

πŸ“ˆ Position Alpha vs SPY
-18.0%
annualised excess return

❌ Significantly underperformed the S&P 500 by 18.0% ann.
10 quarters analyzed

⏱️ Timing Score
40%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
4 of 10 add/trim decisions correct

πŸ’° Entry Quality
$46.65
+1.0% vs current ($47.12)

Best entry: $44.32 (2024 Q3)  Β·  Worst: $47.43 (2023 Q2)

πŸ›‘οΈ Drawdown Resilience
–19.4%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
27%
buy-side decisions

3 adds Β· 8 trims. Bought during 1 of 6 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.02% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    ERTH price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 18,613 +778 +4.4% 0.02% $878K $47.12
2025 Q3 REDUCED 17,835 -496 -2.7% 0.02% $850K $47.37
2025 Q2 REDUCED 18,331 -290 -1.6% 0.02% $779K $42.04
2025 Q1 REDUCED 18,621 -2,421 -11.5% 0.02% $723K $38.24
2024 Q4 REDUCED 21,042 -1,200 -5.4% 0.02% $855K $39.77
2024 Q3 ADDED 22,242 +6,219 +38.8% 0.03% $1.0M $44.32
2024 Q2 REDUCED 16,023 -729 -4.4% 0.02% $632K $38.64
2024 Q1 REDUCED 16,752 -507 -2.9% 0.02% $708K $41.23
2023 Q4 REDUCED 17,259 -416 -2.4% 0.03% $815K $46.01
2023 Q3 REDUCED 17,675 -540 -3.0% 0.03% $783K $42.98
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