Original sentence: An Israeli moshav named Gimzo was founded by a group of Jewish settlers from Hungary called Etz Chaim ("tree of life"), affiliated with the Poalei Agudat Yisrael political party, on February 28, 1950.In 1951, the Israeli government settled a group of immigrants from Morocco there to enlarge the population.In 1977, a new group of 12 young families settled there as well.Presently, the approximately 700 residents of Moshav Gimzo include Charedi and Orthodox Jewish residents of both Sephardic and Ashkenazi backgrounds who lead a "religious-Zionist lifestyle"