A change in aperture isn't going to produce a color shift in and of itself. I suspect there is some other element causing the problem, Kevin.
Assuming you're adjusting the shutter speed to compensate for the change aperture, the shutter's performance may not be consistent across the range of speeds. You'd need to test the shutter to determine what the real speeds are, and then look at the degrees of variation from the marked speeds. I'm not a lens/shutter expert, but my impression is that the slower speeds tend to be "off" more than mid-range speeds.
Or, there might be some other artifact that shows itself at smaller apertures, such as wear spots that align at the smaller apertures, causing flare.