best practice for using threads for records insertion

i want to populate the data base table with more than 500 million lines, and i have the below insert method:

public void insertRecord(Record rec) throws SQLException, ClassNotFoundException {

    if (this.isTableExists(this.TABLE_NAME)) {

        Connection conn = this.getConnection();
        conn.setAutoCommit(true);
        PreparedStatement ps = conn.prepareStatement("insert into "+this.TABLE_NAME+" ("+this.NODE_ID_COL+", "+this.LAT_COL+", "+this.LNG_COL+", "+this.XML_PATH_COL+") values (?, ?, ?, ?)");

        ps.setString(1, rec.getNodeID());
        ps.setString(2, rec.getLat());
        ps.setString(3, rec.getLng());
        ps.setString(4, rec.getPath());

        ps.addBatch();
        ps.executeBatch();

        ps.close();
        conn.close();

    } else {
        Log.e(TAG, "insertRecord", "table: ["+this.TABLE_NAME+"] does not exist");
    }

}

my question is, since i will insert huge number of lines, 1-should i use threads in the above posted method?

2-what is the best practie for such situation?

3-is ExecutorService yields petter performance in such situation?