##  [# Hot Reads: Robinhood’s Stock Skyrockets](/sections/daily-hot-reads/hot-reads-robinhoods-stock-skyrockets) 

 

# Hot Reads: Robinhood’s Stock Skyrockets

 

 

Plus, a guide to understanding your fund’s benchmark rebalancing.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Aug 05, 2021

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

[**Robinhood Surges As Retail Traders Power Rally**](https://www.thinkadvisor.com/2021/08/04/robinhood-surges-as-ark-retail-traders-pile-in/) (ThinkAdvisor)  
 Wednesday’s trading frenzy follows Cathie Wood-led Ark’s purchase of nearly 90,000 shares on Tuesday.

[**How To Minimize Luck In Indexing**](https://www.morningstar.com/articles/1051265/how-to-minimize-luck-in-indexing) (Morningstar)  
 Understand how your fund’s benchmark rebalances.

[**Canadian ETFs Hit 9-Month Low**](https://finance.yahoo.com/news/blackrock-fund-causes-canada-etf-162833484.html) (Yahoo Finance)  
 The drop is attributed to a major institutional investor pulling out of an iShares fund.

[**S&amp;P 500, Nasdaq Set 7 All-Time Highs In July**](https://www.advisorperspectives.com/commentaries/2021/08/04/s-p-500-nasdaq-set-seven-new-all-time-highs-in-july) (Advisor Perspectives)  
 Optimism around GDP growth, employment and earnings has, for now, outweighed worries about COVID variants.

[**Goldman Calls For S&amp;P 500 To Hit 4,700**](https://www.bloomberg.com/news/articles/2021-08-05/goldman-becomes-s-p-500-s-biggest-bull-after-a-target-upgrade?srnd=premium&sref=MAODZZNF) (Bloomberg)  
 The investment bank expects U.S. equities to stay hot despite COVID-19 and inflation fears.

[**Exxon Mulling Net Zero Emissions By 2050 Pledge**](https://www.wsj.com/articles/exxon-considers-pledging-net-zero-carbon-by-2050-11628161201) (Wall Street Journal)  
 The reported debate comes after ESG hedge fund Engine No. 1 won three seats on the oil giant’s board earlier this year.

[**Why DFA Is Converting Mutual Funds To ETFs**](https://money.usnews.com/financial-advisors/articles/q-a-why-this-asset-manager-is-converting-mutual-funds-to-etfs) (U.S. News)  
 Althea Trevor explains DFA’s reasoning and what the changes mean for investors.

[**Stewardship Becoming Fundamental To Investing**](https://www.institutionalinvestor.com/article/b1szq288pnxwxc/Stewardship-Is-Becoming-Fundamental-to-Investing-And-Managers-Need-to-Keep-Up) (Institutional Investor)  
 The vast majority of asset managers plan to integrate shareholder engagement into their investment process.

[**Investment Risk Factors In Focus**](https://www.evidenceinvestor.com/factors-in-focus-an-overview-5-5/) (Evidence-Based Investor)  
 How factor investing differs from quant investing and smart beta.



 

 

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