The move affects about $5 million in investments in Smith& Wesson Holding Corp and Sturm, Ruger& Co at the $254 billion California Public Employees' Retirement System, best known at Calpers.
NEW YORK, Feb 15- New York City's teacher pension fund has sold its stocks of publicly traded firearms manufacturers, becoming the largest U.S. public pension fund to do so in response to the school shootings in Connecticut, the city's top financial officer said.
Dec 18- U.S. gun makers are facing pressure from some major U.S. investors after the Newtown elementary school shooting, with private equity firm Cerberus Capital Management LP announcing it would sell the largest U.S. manufacturer of firearms and major public pension funds reviewing their gun-related investments.