does any release allow "create table as" with a host variable?

the following RPGSQL is not allowed at V5R4. Is it allowed in a newer
release?

Would like to use "create table as" to create an extract table, pulling a
few rows from a large table. Then later on in the code I do a bunch of
counts, sums and joins against the smaller extract file.

I do not follow why a host variable is not allowed in this situation.

exec sql
create table qtemp/fgShpnum as (
with t1 as (
select distinct a.finpalid, a.shpnum
from dshpf05 a
where date(a.assemts) between date(:fromdate) and
date(:todate))
select a.finpalid, decimal(count(*),7,0) NbrShpnum
from t1 a
group by a.finpalid )
with data ;