No, it is not. Heritability does not mean that there is a simple correlation between a trait and a small number of genes that could be exploited for targeted manipulation.
Take height: Height is extremely heritable. If your parents are both tall, you are very likely to be tall as well. But height is influenced by thousands of genes, and each individual gene has only a minuscule influence. And each of those genes is also responsible for many other unknown things.
It's not at all a reasonable assumption that genetic modification will allow us to influence a complex trait like intelligence. That's just wishful thinking.