As Paul mentioned, you'd need to modify the path for it in the registry - something I'd strongly recommend not doing.
If you really really want to move it, you'll need to specify the new path at;
Sorry guys for the late response. But thx a lot for the answers.
Yes, I really would like to move the hosts file, because I'm currently in need of having two different hosts files on my computer at the same time, that's why I want to move one of them into a different folder. But since you guys obviously know more about this stuff then I do, I'm willing to trust you:) What exactly am I risking by changing the path?
If it's nothing that can potentially slow down or ruin my computer I'm willing to do it.