Harel Insurance (ETOR) discloses 5.86M-share, 8.8% stake in eToro

Rhea-AI Filing Summary

Harel Insurance Investments & Financial Services Ltd. reports beneficial ownership of 5,858,948 Class A common shares of eToro Group Ltd., representing 8.8% of the class. This percentage is based on 66,806,610 Class A shares outstanding as of April 15, 2026.

Of the reported shares, 5,703,448 are held for members of the public through various funds and insurance products managed by Harel subsidiaries, while 155,500 shares are held for Harel’s own account. Harel has 0 sole voting or dispositive power and 5,858,948 shares of shared voting and shared dispositive power. Harel states this should not be construed as admitting beneficial ownership of more than the 155,500 shares held for its own account.

Key Figures

Beneficially owned shares: 5,858,948 shares Ownership percentage: 8.8% Shares outstanding baseline: 66,806,610 shares +4 more

7 metrics

Beneficially owned shares 5,858,948 shares Class A common shares of eToro reported as beneficially owned by Harel

Ownership percentage 8.8% Percentage of eToro Class A common shares attributed to Harel

Shares outstanding baseline 66,806,610 shares eToro Class A shares outstanding as of April 15, 2026

Public investor holdings 5,703,448 shares Held for members of the public via funds and insurance products

Harel own-account holdings 155,500 shares Class A shares beneficially held for Harel’s own account

Sole voting power 0 shares Shares over which Harel has sole power to vote

Shared voting power 5,858,948 shares Shares over which Harel has shared power to vote

Key Terms

beneficially owned, dispositive power, shared voting power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"Of the 5,858,948 Class A common shares reported in this Statement as beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

dispositive power financial

"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 5,858,948.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

shared voting power financial

"Shared Voting Power 5,858,948.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Schedule 13G regulatory

"This Statement shall not be construed as an admission by the Reporting Person"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

percent of class financial

"(b) | Percent of class: See Row (11) of the cover page"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many eToro (ETOR) shares does Harel Insurance report owning?

Harel Insurance reports beneficial ownership of 5,858,948 eToro Class A common shares. Of these, 5,703,448 are held for public investors via managed funds and 155,500 shares are held for Harel’s own account.

What percentage of eToro (ETOR) does Harel Insurance hold?

Harel Insurance reports holding 8.8% of eToro’s Class A common shares. This is calculated using 66,806,610 Class A shares outstanding as of April 15, 2026, as reported by eToro.

How much of Harel’s eToro (ETOR) position is for its own account?

Harel states that 155,500 eToro Class A shares are beneficially held for its own account. The remaining 5,703,448 shares are held for members of the public through various funds and insurance products managed by its subsidiaries.

What voting power does Harel have over its eToro (ETOR) shares?

Harel reports 0 sole voting power and 5,858,948 shares of shared voting power in eToro. The shared power arises from holdings managed by its subsidiaries for public investors, which operate under independent management.

Does Harel Insurance claim full beneficial ownership of all its eToro (ETOR) shares?

Harel explicitly states the filing should not be construed as an admission that it is the beneficial owner of more than 155,500 shares, which are held for its own account, despite reporting 5,858,948 shares as beneficially owned.

How many eToro (ETOR) shares does Harel manage for public investors?

Harel reports that 5,703,448 eToro Class A shares are held for members of the public. These are held through provident, mutual, pension, insurance, and exchange-traded funds managed by Harel’s subsidiaries.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

eToro Group Ltd.

(Name of Issuer)

Class A common shares, no par value

(Title of Class of Securities)

G32089107

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G32089107

1

Names of Reporting Persons

Harel Insurance Investments & Financial Services Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ISRAEL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,858,948.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,858,948.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,858,948.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: With regard to Rows (6), (8) and (9), please see Item 4. Row (11) is based on 66,806,610 Class A common shares issued and outstanding as of April 15, 2026 (as reported by the Issuer in Exhibit 99.1 to its Report on Form 6-K filed with the Securities and Exchange Commission on April 21, 2026).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: eToro Group Ltd.
(b)	Address of issuer's principal executive offices: 30 Sheshet Hayamim Street, Bnei Brak, Israel, 5120261
Item 2.
(a)	Name of person filing: Harel Insurance Investments & Financial Services Ltd.
(b)	Address or principal business office or, if none, residence: 3 Aba Hillel Street, Ramat Gan 52118, Israel
(c)	Citizenship: Israel
(d)	Title of class of securities: Class A common shares, no par value
(e)	CUSIP No.: G32089107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Of the 5,858,948 Class A common shares reported in this Statement as beneficially owned by the Reporting Person, (i) 5,703,448 Class A common shares are held for members of the public through, among others, provident funds and/or mutual funds and/or pension funds and/or insurance policies and/or exchange traded funds, which are managed by subsidiaries of the Reporting Person, each of which subsidiaries operates under independent management and makes independent voting and investment decisions, and (ii) 155,500 Class A common shares are beneficially held for its own account. Consequently, this Statement shall not be construed as an admission by the Reporting Person that it is the beneficial owner of more than 155,500 Class A common shares covered by this Statement.
(b)	Percent of class: See Row (11) of the cover page of the Reporting Person above.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: See Row (6) of the cover page of the Reporting Person above and note in Item 4 above.
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: See Row (8) of the cover page of the Reporting Person above and note in Item 4 above.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Harel Insurance Investments & Financial Services Ltd.

Signature:	/s/ Alon Kaufman
Name/Title:	Alon Kaufman/Vice President
Date:	07/28/2026