CORRECTED-NY state's public pension fund freezes gunmaker investments-DiNapoli
(Corrects to make clear holdings are in index fund)
Jan 15 (Reuters) - New York state's $150 billion public pension fund will stop buying shares of publicly-traded firearms manufacturers, including Sturm Ruger & Company Inc, New York State Comptroller Thomas DiNapoli said on Tuesday.
The state pension fund has holdings, in an index fund, of 45,325 shares of Sturm Ruger valued at about $2.2 million, he said in a statement.
Public pension funds have been examining and in some cases divesting their firearms holdings in the wake of the deadly Connecticut grade-school shooting in December. (Reporting by Hilary Russ; Editing by Claudia Parsons)
- Radar showed missing plane may have turned back: Malaysia military
- Missing Malaysian jet may have disintegrated in mid-air: source |
- Malaysian plane presumed crashed; questions over false IDs |
- Exclusive: Malaysia plane probe narrows on mid-air disintegration - source