January 15, 2013 / 9:51 PM / in 5 years

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)

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