Dozens of fund companies around the world have blacklisted Elbit with reference to Israel's violations of human rights.
Movestic has bought shares for 14 million kronor during the year 2025 to the fund Movestic global, which is presented as a fund with a sustainable investment orientation and Lysa has a holding of just over two million kronor.
Elbit's share value has doubled since the autumn of 2024, despite the fact that the UN's human rights experts last June urged an arms embargo against Israel and also pointed out investors in arms companies as potentially complicit in arms crimes.
According to Ekot, Movestic states that they will sell their holding.
