JPMorgan Securities holds 5.35 percent stake in ASML: Watchdog

Pedestrians walk in front of the JPMorgan Chase headquarters building in New York.
Scott Mlyn | CNBC

JPMorgan Securities, which manages assets for high-wealth individuals, has taken a 5.35 percent stake in Dutch semiconductor equipment maker ASML, the Dutch Authority for Financial Markets reported on Friday.

Under Dutch market rules, investors are required to disclose their holdings in publicly listed companies when they reach a 5 percent threshold.

The announcement follows volatility and a selloff in ASML shares surrounding its first-quarter earnings on April 15.